Top Editor Leaves China's Boldest News Magazine

Yuen-ying Chan, a journalism professor at the University of Hong Kong, said she hadn't spoken to Hu about her future but considered it unlikely Hu would abandon her career in publishing.

"I don't think she's quitting journalism. No way," Chan said.

Caijing's revenue fell 16.9 percent in the first half of 2009 compared with the same period a year earlier mainly due to a decline in advertising revenue, SEEC's latest financial report said. The magazine generated approximately $54.1 million Hong Kong dollars ($6.9 million) in the first two quarters.