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China Fortune Financial executive directors step down

China Fortune Financial Group Ltd said that Hon Chun Yu and Fu Wan Sheung resigned as executive directors.

Yu also stepped down as the company's authorized representative. Liu Yinan was appointed as Yu's replacement, China Fortune said in an Oct. 6 news release.

The company also appointed Hua Yang as nonexecutive director.

All appointments and resignations took effect Oct. 6.