Legislation roundup: Internet courts, Shanghai-London Stock Connect and Beijing housing loans

Further reading

PRC Electronic Signatures Law (Revised in 2015)

Office of the State Commercial Cryptography Administration, PRC Cryptography Law (Draft for Comments)

China's first crack at a Cryptography Law

A New Era of Data Compliance

Capital Markets

China Securities Regulatory Commission, Provisions for the Regulation of the Depository Receipt Business in the Stock Connect Between the Shanghai Stock Exchange and the London Stock Exchange (Trial Implementation) (Draft for Comments)

中国证券监督管理委员会上海证券交易所和伦敦证券交易所市场互联互通存托凭证业务监管规定 (试行) (征求意见稿)

The offshore depository receipts issued by a domestically listed company may, in accordance with provisions, be converted across borders with their corresponding underlying domestic stocks.

The offshore depository receipts of an initial public offering by a domestically listed company may not be redeemed for six months from the date of their listing.

Further reading

Several Provisions on the Mechanisms to Provide Mutual Trading Access Between the Mainland and Hong Kong Stock Markets

Several Opinions on Launching a Pilot Project for the Domestic Offering of Stocks and Depository Receipts by Innovative Enterprises

Real Estate

Beijing Municipality, Circular on Matters Relevant to Clarifying the Use of Personal Housing Loans by Purchasers of Residential Premises the Title to Which is Jointly Owned in Beijing

北京市关于明确北京市共有产权住房购房人使用个人住房贷款有关事项的通知

The minimum down payment percentage for residential premises the title to which is jointly owned governed by the policy for a first housing loan is handled in accordance with that for policy housing, i.e. not less than 30%.

Further reading

Beijing Municipality, Tentative Measures for the Administration of Residential Premises the Title to Which is Jointly Owned

Beijing Municipality, Circular on Improving the Policies on the Sale of Commercially Developed Residential Premises and the Differential Loan Policies