China Yuchai (CYD -2.9%) slips after naming Weng Ming Hoh as its new president, effective July...

|About: China Yuchai International ... (CYD)|By:, SA News Editor

China Yuchai (CYD -2.9%) slips after naming Weng Ming Hoh as its new president, effective July 17. Hoh has been holding dual positions as acting president and CFO since the departure of the previous President on May 31, 2013. He will relinquish his position as CFO with his appointment as president.