CIRC cracks down on insurance agencies
The China Insurance Regulatory Commission (CIRC) issued a total of four regulatory letters and an administrative penalty decision on September 30, three of which are related to problems found in the rectification of insurance agencies, The Paper reported.
LeEco postpones disclosure of restructuring plan
LeEco announced on Monday evening that it will postpone the announcement of its restructuring plan due to impending uncertainty over relevant work, China Securities Journal reported.
China Evergrande launches employee stock options
After three years, China Evergrande has once again implemented a share option incentive plan to inspire its employees, Caixin reported.