Kuaishou Names New Finance Chief as Losses Grow

China’s second biggest short-video player Kuaishou Technology Co. Ltd. has named a new chief financial officer (CFO) in the latest senior management shakeup for a company that is struggling with widening losses and plummeting market capitalization.

Jin Bing, 44, who had held senior management positions at several companies including online tutor Zuoyebang and livestream-platform operator Joyy Inc., officially replaced Nicholas Chong as Kuaishou’s new CFO on Monday, according to an exchange filing.