China Vanke Co.’s recently appointed chairman has resigned from the role, in another blow to the embattled developer facing liquidity challenges. 
Xin Jie, who stepped in the chairman role amid an abrupt management overhaul in January, has applied to resign from positions including the chairman, the developer said in an exchange filing to the Hong Kong stock exchange Monday. Xin’s resignation is due to personal reasons, according to the filing. 

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