Technical changes to the way profits are booked and a shift in the sales model are also hitting earnings

Investigation of a former court vice president involving three top aides may have been triggered by evidence of influence-peddling in the controversial New China Life ruling

Li Quan, president of asset management unit, nominated to become CEO as sources say Liu Haoling is top candidate for chairman

Penalty of $158,600 for company is on top of $169,000 of fines for 10 executives as six other companies are caught in crackdown