Fang Announces Appointment of New Acting CFO

SouFun Holdings Limited has appointed Dr. Hua Lei as the acting Chief Financial Officer during the period when CFO   Kent Huang will be half time working for his health check.

Dr. Lei joined Fang in 2009 and has since accumulated extensive experience across multiple functions in the Company. In particular, Dr. Lei has been the managing director of the Company's Investment Management Division and the Deputy CFO in 2015 and 2014, respectively.

Dr. Lei holds a Ph.D. in finance from University of the West of England in the United Kingdom, a Master degree in banking and finance from Loughborough University in the United Kingdom and a Bachelor degree in economics from Beijing Forestry University in China.