Value Partners’ veteran China head departs

Yu Xiaobo, the investment director and head of China business at Value Partners, has resigned from his position and the fund house has appointed William Zhong and Gary Guan as co-heads of its China business, AsianInvestor can reveal. Yu Xiaobo Yu had tendered his resignation after deciding to start his own company, having worked at Value Partners for the past 12 years. He is based in both Hong Kong and Shanghai and his last day with Value Partners will be in mid-April 2021…