Daniel Ren

Daniel Ren is the Post's Shanghai bureau chief. A Shanghai native, Daniel joined the Post in 2007 as a business reporter.
Daniel Ren
Daniel Ren is the Post's Shanghai bureau chief. A Shanghai native, Daniel joined the Post in 2007 as a business reporter.

Latest from Daniel Ren

Shanghai police swoop on talk show group, arresting eight, including three Taiwanese, for sharing stock tips ahead of new bourse

Liao Yingqiang, along with seven employees, including three Taiwan residents, have been detained by Shanghai police for unauthorised equity advisory services

4 hours ago

Liao Yingqiang, along with seven employees, including three Taiwan residents, have been detained by Shanghai police for unauthorised equity advisory services

Shanghai police swoop on talk show group, arresting eight, including three Taiwanese, for sharing stock tips ahead of new bourse
Gadfly lawyer calls for probe, class action into Seazen’s disclosure as Chinese companies’ tardiness come under spotlight
China’s furniture makers hope for trade war’s end as US orders ‘disappear’ following the 25 per cent import tariff

Chinese companies hurt by falling orders take a wait-and-see approach to apparent thawing between two largest economies over damaging levies.

8 Jul 2019 - 7:38AM

Chinese companies hurt by falling orders take a wait-and-see approach to apparent thawing between two largest economies over damaging levies.

China’s furniture makers hope for trade war’s end as US orders ‘disappear’ following the 25 per cent import tariff
Shanghai Stock Exchange to debut Nasdaq-style market for tech stocks on July 22, three weeks ahead of schedule

Star Market, the Shanghai Stock Exchange’s highly anticipated Nasdaq-style technology board, will debut on July 22, three weeks ahead of schedule, the bourse said on Friday.

6 Jul 2019 - 10:16AM

Star Market, the Shanghai Stock Exchange’s highly anticipated Nasdaq-style technology board, will debut on July 22, three weeks ahead of schedule, the bourse said on Friday.

Shanghai Stock Exchange to debut Nasdaq-style market for tech stocks on July 22, three weeks ahead of schedule
Canadian asset manager Brookfield looks past short-term row as it picks up US$1.5 billion Shanghai project, China’s second largest commercial property deal

The big picture focus has helped Brookfield, which counts US$2.5 billion of its US$300 billion in worldwide assets under management in China, look past one of the country’s worst patches with Canada.

3 Jul 2019 - 6:00AM

The big picture focus has helped Brookfield, which counts US$2.5 billion of its US$300 billion in worldwide assets under management in China, look past one of the country’s worst patches with Canada.

Canadian asset manager Brookfield looks past short-term row as it picks up US$1.5 billion Shanghai project, China’s second largest commercial property deal
Beijing’s move to keep tax break on purchases of new-energy vehicles to support troubled auto sector, help biggest players

Beijing was widely expected to scrap a tax break for electric vehicles. But the tax break will continue until the end of 2020, as China accelerates its push to be the world’s EV leader and helps its ailing auto sector.

30 Jun 2019 - 10:34PM

Beijing was widely expected to scrap a tax break for electric vehicles. But the tax break will continue until the end of 2020, as China accelerates its push to be the world’s EV leader and helps its ailing auto sector.

Beijing’s move to keep tax break on purchases of new-energy vehicles to support troubled auto sector, help biggest players
French retail giant Carrefour leads retreat from China as ‘underdog’ hypermarkets lose dominance

French supermarket’s partial exit underscores the shift underway in shopping patterns in the world’s most populous nation.

26 Jun 2019 - 9:12PM

French supermarket’s partial exit underscores the shift underway in shopping patterns in the world’s most populous nation.

French retail giant Carrefour leads retreat from China as ‘underdog’ hypermarkets lose dominance
Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism

Four exchange traded funds each from China and Japan given access to shares on their respective bourses.

25 Jun 2019 - 10:41PM

Four exchange traded funds each from China and Japan given access to shares on their respective bourses.

Beijing launches China-Japan stock connect scheme, showcases it as a move to defy rising protectionism
Carrefour sells 80 per cent of its Chinese retail operations to Suning for 4.8 billion yuan

French supermarket retailer to retain 20 per cent stake and two of seven seats on Carrefour China’s Supervisory Board

24 Jun 2019 - 11:59AM

French supermarket retailer to retain 20 per cent stake and two of seven seats on Carrefour China’s Supervisory Board

Carrefour sells 80 per cent of its Chinese retail operations to Suning for 4.8 billion yuan
Zhang Xiaolei, founder of Chinese fintech firm Qbao, to serve 15-year jail firm for fraudulent fundraising

Nanjing court hands down the prison sentence to Zhang Xiaolei for his role in the illegal fundraising scheme; confiscates 100 million yuan worth of assets.

21 Jun 2019 - 10:39PM

Nanjing court hands down the prison sentence to Zhang Xiaolei for his role in the illegal fundraising scheme; confiscates 100 million yuan worth of assets.

Zhang Xiaolei, founder of Chinese fintech firm Qbao, to serve 15-year jail firm for fraudulent fundraising
China’s Yili and Mengniu spar over sponsorship status for 2022 Winter Olympics in Beijing as stakes run high for dairy giants

Inner Mongolia Yili Industrial Group, the sole sponsor of the games, said China Mengniu Dairy had infringed upon its interests by securing the status of joint global beverages partner of the Winter Olympics.

21 Jun 2019 - 6:00AM

Inner Mongolia Yili Industrial Group, the sole sponsor of the games, said China Mengniu Dairy had infringed upon its interests by securing the status of joint global beverages partner of the Winter Olympics.

China’s Yili and Mengniu spar over sponsorship status for 2022 Winter Olympics in Beijing as stakes run high for dairy giants
First tech company gets green light to price its IPO before trading debut of Shanghai’s new STAR Market, as analysts predict buying frenzy

IPOs are likely to be heavily oversubscribed as investors vie to back promising young firms due to list on the new tech board, analysts say.

19 Jun 2019 - 10:24PM

IPOs are likely to be heavily oversubscribed as investors vie to back promising young firms due to list on the new tech board, analysts say.

First tech company gets green light to price its IPO before trading debut of Shanghai’s new STAR Market, as analysts predict buying frenzy
London-Shanghai stock connect goes live, allowing foreign firms to list their shares in mainland China for the first time

Huatai, one of China’s largest brokerages, made its trading debut on the London Stock Exchange as it becomes the first company to trade via the new link.

17 Jun 2019 - 11:01PM

Huatai, one of China’s largest brokerages, made its trading debut on the London Stock Exchange as it becomes the first company to trade via the new link.

London-Shanghai stock connect goes live, allowing foreign firms to list their shares in mainland China for the first time
Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns

Singapore investors hold a long-term view on the Chinese market, says Alvin Yip of Cushman & Wakefield.

15 Jun 2019 - 1:31PM

Singapore investors hold a long-term view on the Chinese market, says Alvin Yip of Cushman & Wakefield.

Singapore investors snap up US$5 billion of China’s commercial properties, brushing aside trade war concerns
Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules

Shares on the Star Market will be allowed to trade freely for the first five days, after which they will be subject to a 20 per cent upside or downside limit. The exchange will also suspend trading for 10 minutes if a stock jumps or falls by 30 per cent during intraday trading. Another 10-minute suspension will be imposed if the rise or fall hits 60 per cent.

14 Jun 2019 - 11:02PM

Shares on the Star Market will be allowed to trade freely for the first five days, after which they will be subject to a 20 per cent upside or downside limit. The exchange will also suspend trading for 10 minutes if a stock jumps or falls by 30 per cent during intraday trading. Another 10-minute suspension will be imposed if the rise or fall hits 60 per cent.

Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules
China still ‘exploring’ international board for foreign companies to raise funds on Shanghai Stock Exchange

Global heavyweights earlier expressed their interest in raising yuan-denominated capital on an international board in China.

14 Jun 2019 - 11:49AM

Global heavyweights earlier expressed their interest in raising yuan-denominated capital on an international board in China.

China still ‘exploring’ international board for foreign companies to raise funds on Shanghai Stock Exchange
China officially launches technology innovation board, with trading expected to begin within two months

Six tech companies have been approved for the new board. Eventually, some of the listed companies will be available to northbound traders through the stock connect programme.

13 Jun 2019 - 11:00PM

Six tech companies have been approved for the new board. Eventually, some of the listed companies will be available to northbound traders through the stock connect programme.

China officially launches technology innovation board, with trading expected to begin within two months
Chinese middle class expects yuan to decline amid trade war, eyes offshore investment to secure wealth

Chinese households expect a weaker yuan amid the US-China trade war and are increasingly looking at offshore investments to safeguard their wealth against a slowing economy and stuttering stock market, according to a survey.

11 Jun 2019 - 10:55PM

Chinese households expect a weaker yuan amid the US-China trade war and are increasingly looking at offshore investments to safeguard their wealth against a slowing economy and stuttering stock market, according to a survey.

Chinese middle class expects yuan to decline amid trade war, eyes offshore investment to secure wealth
Wang Jun, the ‘princeling’ who chaired one of the world’s biggest asset-owning conglomerates at Citic Group, dies at the age of 78

Wang Jun, the son of one of communist China’s founding elders and a former chairman of the country’s largest state conglomerate, died on Monday, aged 78.

11 Jun 2019 - 11:35PM

Wang Jun, the son of one of communist China’s founding elders and a former chairman of the country’s largest state conglomerate, died on Monday, aged 78.

Wang Jun, the ‘princeling’ who chaired one of the world’s biggest asset-owning conglomerates at Citic Group, dies at the age of 78
White Rabbit milk tea sells at 2,000 per cent premium as Chinese consumers show support for local brands amid trade war

“We just want to show our support for local brands at a time when the US government is plotting to undermine China’s economic development,” said Wang Xiaoliang, who spent about two hours queuing for a cup of White Rabbit milk tea with hundreds of other shoppers on Saturday afternoon.

11 Jun 2019 - 10:57PM

“We just want to show our support for local brands at a time when the US government is plotting to undermine China’s economic development,” said Wang Xiaoliang, who spent about two hours queuing for a cup of White Rabbit milk tea with hundreds of other shoppers on Saturday afternoon.

White Rabbit milk tea sells at 2,000 per cent premium as Chinese consumers show support for local brands amid trade war
China’s securities watchdog to ‘ensure the country’s capital market sound and solid’

The China Securities Regulatory Commission seeks to halt arbitrary suspension of trading and long-term suspension of trading

10 Jun 2019 - 10:59PM

The China Securities Regulatory Commission seeks to halt arbitrary suspension of trading and long-term suspension of trading

China’s securities watchdog to ‘ensure the country’s capital market sound and solid’
China’s May rare earth export falls as supply tapers off amid a worsening trade war with the biggest buyer of the elements

The declines are pointing to the use of export permits over rare earth as leverage in China’s trade negotiations with the US, the world’s biggest importer of the elements.

10 Jun 2019 - 10:59PM

The declines are pointing to the use of export permits over rare earth as leverage in China’s trade negotiations with the US, the world’s biggest importer of the elements.

China’s May rare earth export falls as supply tapers off amid a worsening trade war with the biggest buyer of the elements
The Chinese hotel mogul behind three Nasdaq listings thinks now is the time to head abroad for deals while rivals stay at home

Ji Qi, co-founder of three Chinese start-ups including Ctrip, was ranked the 87th wealthiest in China last year by Forbes, with his net worth estimated at 21.2 billion yuan

9 Jun 2019 - 9:59PM

Ji Qi, co-founder of three Chinese start-ups including Ctrip, was ranked the 87th wealthiest in China last year by Forbes, with his net worth estimated at 21.2 billion yuan

The Chinese hotel mogul behind three Nasdaq listings thinks now is the time to head abroad for deals while rivals stay at home
Weaker yuan, oil price volatility will hit Chinese airlines’ profits, say analysts

Big Chinese carriers are relatively unscathed by the trade war because of their low exposure to US routes and cargo flights

7 Jun 2019 - 9:30AM

Big Chinese carriers are relatively unscathed by the trade war because of their low exposure to US routes and cargo flights

Weaker yuan, oil price volatility will hit Chinese airlines’ profits, say analysts
China’s corruption watchdog investigates Gu Guoming, head of ICBC’s Shanghai branch

Gu Guoming, chief governor of the branch, is regarded as one of the most powerful figures in Shanghai’s financial sector

10 Jul 2019 - 3:14PM

Gu Guoming, chief governor of the branch, is regarded as one of the most powerful figures in Shanghai’s financial sector

China’s corruption watchdog investigates Gu Guoming, head of ICBC’s Shanghai branch
Shanghai’s tech board approves first IPOs as Bannon talks of barring Chinese firms from US capital markets

Former White House adviser Steve Bannon recently called for Chinese companies to be completely excluded from US capital markets

10 Jul 2019 - 3:14PM

Former White House adviser Steve Bannon recently called for Chinese companies to be completely excluded from US capital markets

Shanghai’s tech board approves first IPOs as Bannon talks of barring Chinese firms from US capital markets
China’s antitrust regulator fines Ford’s Changan venture US$23.6 million for price violations amid worsening trade tensions with US

Changan Ford’s penalty is the second since General Motors was penalised 201 million yuan in 2016 for antitrust violations

10 Jul 2019 - 3:14PM

Changan Ford’s penalty is the second since General Motors was penalised 201 million yuan in 2016 for antitrust violations

China’s antitrust regulator fines Ford’s Changan venture US$23.6 million for price violations amid worsening trade tensions with US
Hong Kong ranks Asia’s No 4 business-friendly market after Thailand, South Korea and Japan

Compliance requirements are making it more intricate to do business than before in Hong Kong, according to Margaret Fung, managing director of TMF Group, which conducted the study.

4 Jun 2019 - 9:12PM

Compliance requirements are making it more intricate to do business than before in Hong Kong, according to Margaret Fung, managing director of TMF Group, which conducted the study.

Hong Kong ranks Asia’s No 4 business-friendly market after Thailand, South Korea and Japan
Shui On revamps Xintiandi Plaza as it looks to become the go-to destination for female shoppers in Shanghai

Xintiandi Plaza convinces 16 international brands to open their first outlet on the mainland, hoping to provide female shoppers one-of-a-kind shopping experience.

4 Jun 2019 - 7:12PM

Xintiandi Plaza convinces 16 international brands to open their first outlet on the mainland, hoping to provide female shoppers one-of-a-kind shopping experience.

Shui On revamps Xintiandi Plaza as it looks to become the go-to destination for female shoppers in Shanghai
Tesla announces prices of made-in-China Model 3. At 328,000 yuan it’s 13 per cent cheaper than US imports

Deliveries will start in the next six to 10 months, carmaker says.

31 May 2019 - 10:23PM

Deliveries will start in the next six to 10 months, carmaker says.

Tesla announces prices of made-in-China Model 3. At 328,000 yuan it’s 13 per cent cheaper than US imports