Legislation

• China Securities Regulatory Commission, Guiding Opinion on Intensifying Reform of the System for Offering of New Shares

  中国证券监督管理委员会关于深化新股发行体制改革的指导意见

  Suspension of offering allowed for IPOs.

  November 09, 2010

• China Securities Regulatory Commission, Trial Measures for the Administration of Overseas Securities Investment by Qualified Domestic Institutional Investors: Opinion on the Application of Securities and Futures Laws No.6

  中国证券监督管理委员会〈合格境内机构投资者境外证券投资管理试行办法〉—证券期货法律适用意见第6号

  CSRC allows overseas securities investment of targeted asset management business of QDIIs.

  November 09, 2010

• Guangzhou City, Opinion on Implementation of the Macroeconomic Policy of Ministry of Housing and Urban-rural Development and other Departments and Commissions in Order to Promote the Sustainable Healthy Development of the Real Property Market of the City

  广州市关于贯彻住建部等部委宏观调控政策促进我市房地产市场持续健康发展的意见

  Guangzhou imposes age restriction on purchase of property.

  November 09, 2010

• Shanghai Municipality, Several Opinions on Further Strengthening the Macroeconomic Control of the Municipal Real Property Market and Accelerating the Housing Welfare Work

  上海市关于进一步加强本市房地产市场调控加快推进住房保障工作的若干意见

  Shanghai restricts purchase of residential premises to only one more unit.

  November 09, 2010

• Circular on Issues Relevant to the Examination, Approval and Administration of Foreign-invested Projects for Sales Effected over the Internet and by Vending Machines

  关于外商投资互联网、自动售货机方式销售项目审批管理有关问题的通知

  Application procedures for foreign-invested projects for sale effected over the Internet and by vending machines streamlined.

  November 09, 2010

• Interpretation on Several Issues Concerning the Application of the Law to Trials of Employment Disputes (3)

  关于审理劳动争议案件适用法律若干问题的解释（三）

  The Interpretation enlarges the scope of eligible employment disputes and gives workers the burden of proof for overtime pay.

  November 09, 2010

• Measures for Monitoring and Dealing with Illegal Acts Related to Contracts

  合同违法行为监督处理办法

  The Measures prohibit a business operator from exempting ifself from its liabilities in standard clauses, or increase the seriousness of the liabilities bearable by the consumer or deny the consumer its rights in such clauses.

  November 09, 2010

• Measures for the Administration of the Offering and Underwriting of Securities (Revised)

  证券发行与承销管理办法 (修订)

  Lead underwriters may select their own institutional investors as inquiry recipients for IPOs.

  November 09, 2010

• Guiding Opinion on Intensifying Reform of the System for Offering of New Shares

  关于深化新股发行体制改革的指导意见

  The Opinion impoves the clawback mechanism and allows suspension of offering of new shares.

  November 09, 2010

• Tentative Measures for the Administration of the Application of Insurance Capital

  保险资金运用管理暂行办法

  CIRC controls margin trading of insurance companies and prohibits speculation.

  November 09, 2010