The rumor about Teng's resignation is that Teng has worked in China for many years and has been following it since the Dongsi Sales Department of Huaxia Securities, which has won the trust and reliance of Fan. Now that he has faded out of Huaxia Fund, it is natural for Teng to leave Huaxia Fund.
Teng Yu 1998, 1 1 joined Huaxia fund company in June, and has served as the general manager of the financial department, assistant to the general manager and deputy general manager of the company. Teng is an "old China native", 1998 joined Huaxia Fund Company.
During Teng's tenure as general manager of Huaxia Fund, Huaxia Fund announced that the former general manager had resigned due to "personal reasons" and Deputy General Manager Teng acted as general manager. At that time, it was circulated in the fund circle that acting general manager Teng might just be speculation about transitional arrangements.
However, at that time, it was reported in the industry that the agreement between Teng and CITIC Securities was to work for one term, that is, three years.
2065438+In August 2004, Huaxia Fund announced in a low-key manner that Teng, the general manager of the company, had officially left his post, and the chairman of Huaxia Fund would temporarily act as the general manager.
As a "clique", Teng and CITIC Securities, the major shareholder, have never really crossed the "trust" gap. At the same time, the work of Huaxia fund executives such as Teng is not good. In the last two years, as many as 12 fund managers in the investment and research team of Huaxia Fund left their jobs; At the beginning of this year, Huaxia Fund occupied a leading position in the industry for seven years, and was also overtaken by Tian Hong Fund with the advantage of Yu 'ebao.
In the face of Teng's departure, some peers in the industry felt: "It is really not easy for Teng to persist for so long. Because Teng has been in office for more than two years, the people left by Huaxia Fund have not been passive, and they have made breakthroughs in the fields of Internet finance and still maintain the leading scale in the industry. "
Huaxia Fund announced that the general manager Teng resigned for personal reasons and was not transferred to other positions in the company. According to industry rumors, after Teng's departure, the former Deputy Director of the International Department of the China Securities Regulatory Commission will become the new general manager of Huaxia Fund through CITIC Group. Tang Xiaodong, a former deputy director of the Fund Department of China Securities Regulatory Commission, is a senior financial talent introduced by the Commission from Wall Street in 2009. According to the news, Tang Xiaodong took the lead as the inspector general for the transformation of Huaxia Fund.