China Merchants Land's Chair Steps Down; Successor Named

MT Newswires Live

2025/11/17

China Merchants Land's (HKG:0978) chairman, Jiang Tiefeng, resigned effective Nov. 14 due to a change in work arrangements, a same-day Hong Kong bourse filing said.

Shares of the property firm fell 2% in Monday afternoon trading.

The firm, on the same day, named Zhu Wenkai as its new chair.

Zhu is currently the chairman of China Merchants Shekou Industrial Zone (SHE:001979).

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