Value Partners Group co-founder Cheah Cheng Hye to resign in January due to GF Securities becoming largest shareholder, with Louis So also departing; these changes align with Chinese brokerages' expansion strategies.

Cheah Cheng Hye, co-founder of Hong Kong's Value Partners Group, plans to resign by January following GF Securities becoming its largest shareholder with a 20.2% stake. Co-CIO Louis So will also depart by year-end. These leadership changes, marking a significant shift for Value Partners, align with Chinese brokerages' strategies to strengthen control over Hong Kong operations and expand internationally. Cheah will remain on the board after his exit.

7 months ago
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