Zeng Gang steps down from GF Xin Yuan Hybrid, down 4% in the first three months of the year

SadMoneyMeow · 2026-04-01T18:05:21+00:00

GF Fund announces the additional appointment of Wang Haitao to GF Xin Yuan Hybrid. Wang has held positions at multiple financial institutions and joined GF Fund in 2018. Since its inception, GF Xin Yuan Hybrid A/C has had relatively low returns, with the current cumulative net value slightly exceeding 1 yuan.

SadMoneyMeow

2026-04-01 18:05:21

Abstract generation in progress

China Economic Net, Beijing, April 1 (Reuters). Today, Guangfa Fund announced that it has appointed Wang Haitao to the Guangfa Xinyuan Hybrid Fund, and that Zeng Gang has resigned.

From May 2003 to July 2005, Wang Haitao served as an Investment Manager at BusinessExcellenceInc. in the United States; from July 2005 to October 2009, he served as Vice President in the Global Wealth Management division at Morgan Stanley Asia Limited; from November 2009 to September 2018, he successively served as Assistant to the Director of the Asset Management Department and Fund Manager at Xingquan Fund Management Co., Ltd., Deputy Director of the Private Client Management Department and Investment Manager, Director of the National Equities Exchange and Quotations (NEEQ) Department and Investment Manager. He joined Guangfa Fund Management Co., Ltd. on September 27, 2018. He currently serves as Deputy General Manager of Guangfa Fund Management Co., Ltd., Senior Managing Director, and Fund Manager, and also serves as the Investment Manager for an Asset Management Plan. He also serves as a Director of Guangfa International Asset Management Co., Ltd. Previously, he served as Assistant to the General Manager and General Manager of the Private Client Investment Department.

The Guangfa Xinyuan Hybrid A/C was established on November 02, 2016. As of March 31, 2026, its year-to-date returns are -3.92% and -4.01%. Since inception, its returns are 0.11% and 0.21%, and its cumulative net values are 1.0011 yuan and 1.0021 yuan.

(Editor: Guo Jiandong)

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