China Digest

Economics and policy from China’s newspapers

Tuesday October 10, 2017

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.