XJ International (HKG:1765) said Tan Li stepped down as chief investment officer due to adjustment of work arrangements, according to a Hong Kong bourse filing Friday.
Share sof the education services firm fell nearly 1% in late morning trade Monday.
The firm tapped Deng Yi to succeed Tan as chief investment officer. Deng, an executive director, will be responsible for managing the company's investment portfolio and capital operations, XJ International said.