New page in exodus from top magazine

Hu Shuli, the founder and editor of Caijing, China's most influential and profitable magazine, resigned yesterday, along with several top editors, after friction with the publisher, inside sources revealed.

Hu's departure followed the mass resignation of nearly 70 employees from the magazine's business department, including its general manager Daphne Wu Chuanhui, in mid-October.

An inside source told China Daily on condition of anonymity that the 56-year-old tendered her resignation yesterday to the Stock Exchange Executive Council (SEEC), Caijing's owner.