China Petroleum & Chemical studies housing allowance

China Petroleum & Chemical Corporation (0386) said in its earnings reports that besides RMB4.5 bln which would be made for provision for laying off employees in the coming 5 years, the company was studying measures for housing allowance to qualified employees, including increase payments or one-time compensation. Detail housing allowance measures would come out next year and showed in relevant annual account. 

Related stock : (386)