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

Wholesale traders in Yiwu rue losses as US tariffs point to a woeful purchasing period ahead of Thanksgiving and Christmas

The economic cost of the year-long dispute between the two largest economies on earth, which may shave an entire percentage point off China’s 2019 growth pace, is building.

6 hours ago

The economic cost of the year-long dispute between the two largest economies on earth, which may shave an entire percentage point off China’s 2019 growth pace, is building.

Wholesale traders in Yiwu rue losses as US tariffs point to a woeful purchasing period ahead of Thanksgiving and Christmas
Shanghai to give tax incentives and funds to nurture home-grown chips industry as China enters next battlefront over technology

Integrated circuits, artificial intelligence and biotechnology will be the three key industries that Shanghai’s government will focus its resources on, said Vice Mayor Wu Qing.

21 May 2019 - 10:37PM

Integrated circuits, artificial intelligence and biotechnology will be the three key industries that Shanghai’s government will focus its resources on, said Vice Mayor Wu Qing.

Shanghai to give tax incentives and funds to nurture home-grown chips industry as China enters next battlefront over technology
Trade war to rescue China’s stalling car firms as Beijing considers stimulus to boost domestic consumption

China’s embattled automobiles sector is banking on Beijing to rescue it with the introduction of strong incentives as the country seeks ways to shake off the gloom surrounding its escalating trade war with the United States.

15 May 2019 - 5:58AM

China’s embattled automobiles sector is banking on Beijing to rescue it with the introduction of strong incentives as the country seeks ways to shake off the gloom surrounding its escalating trade war with the United States.

Trade war to rescue China’s stalling car firms as Beijing considers stimulus to boost domestic consumption
China’s regulator urges brokerages to monitor investors’ funding needs to trade on Nasdaq-style market

Retail investors must meet minimum investment threshold of US$72,900 to trade stocks on the new board, which is likely to debut in the middle of this year.

13 May 2019 - 9:50PM

Retail investors must meet minimum investment threshold of US$72,900 to trade stocks on the new board, which is likely to debut in the middle of this year.

China’s regulator urges brokerages to monitor investors’ funding needs to trade on Nasdaq-style market
Chinese developer eyes shift to ‘lifestyle’ projects featuring mountain biking, golf and other sports

The Hong Kong unit of Greenland Holdings says it plans to work with Shankai Sports International with a focus on entertainment and sports

8 May 2019 - 7:00AM

The Hong Kong unit of Greenland Holdings says it plans to work with Shankai Sports International with a focus on entertainment and sports

Chinese developer eyes shift to ‘lifestyle’ projects featuring mountain biking, golf and other sports
Investors hunt for gold ahead of debut of China’s Nasdaq-like technology board

The first seven mutual funds approved to trade the Technology Innovation Board have raised a combined 100 billion yuan (US$14.86 billion).

2 May 2019 - 9:17AM

The first seven mutual funds approved to trade the Technology Innovation Board have raised a combined 100 billion yuan (US$14.86 billion).

Investors hunt for gold ahead of debut of China’s Nasdaq-like technology board
Fosun biotech unit Henlius has no plans for Shanghai tech board listing and is focused on Hong Kong IPO
As China’s housing boom cools, insurer Ping An and developer Cifi shift focus to rental market

The companies plan to co-invest in rental home projects in first- and second-tier mainland cities over the next three years

26 Apr 2019 - 8:00AM

The companies plan to co-invest in rental home projects in first- and second-tier mainland cities over the next three years

As China’s housing boom cools, insurer Ping An and developer Cifi shift focus to rental market
Discovery partners with Chinese media giant CMC to build theme parks and content for preschool children

Nasdaq-listed Discovery Inc says it will enter the ‘edutainment’ market in China in collaboration with entertainment conglomerate CMC.

25 Apr 2019 - 7:21AM

Nasdaq-listed Discovery Inc says it will enter the ‘edutainment’ market in China in collaboration with entertainment conglomerate CMC.

Discovery partners with Chinese media giant CMC to build theme parks and content for preschool children
Chinese start-ups join rush to launch IPOs on Shanghai exchange’s new tech board

89 companies have submitted documents in the month since Shanghai Stock Exchange started accepting applications, with plans to raise US$13.4 billion.

22 Apr 2019 - 10:04PM

89 companies have submitted documents in the month since Shanghai Stock Exchange started accepting applications, with plans to raise US$13.4 billion.

Chinese start-ups join rush to launch IPOs on Shanghai exchange’s new tech board
Japanese carmaker Nissan’s China growth strategy will remain unchanged in post-Carlos Ghosn era

Carmaker expects Chinese policies to boost sales in the second half and plans to launch 20 new electric car models by 2022.

17 Apr 2019 - 6:30AM

Carmaker expects Chinese policies to boost sales in the second half and plans to launch 20 new electric car models by 2022.

Japanese carmaker Nissan’s China growth strategy will remain unchanged in post-Carlos Ghosn era
China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes

The explosive growth in China’s ports since the country’s WTO membership has bolstered home-grown vendors in the shipping industry, helping them dominate the supply of cranes and shipping containers

13 Apr 2019 - 12:45PM

The explosive growth in China’s ports since the country’s WTO membership has bolstered home-grown vendors in the shipping industry, helping them dominate the supply of cranes and shipping containers

China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes
China has six of the world’s 10 busiest container ports, spurred by booming trade and a state coffer that invests in public works

The ports business is a reflection of commerce, and Chinese harbours have prospered with the explosive growth of trade since China joined the World Trade Organisation in December 2001.

15 Apr 2019 - 9:53AM

The ports business is a reflection of commerce, and Chinese harbours have prospered with the explosive growth of trade since China joined the World Trade Organisation in December 2001.

China has six of the world’s 10 busiest container ports, spurred by booming trade and a state coffer that invests in public works
Ford switches to ‘China speed’, plans 10 new-energy vehicles for world’s largest auto market over the next three years

Ford will produce its first battery-powered SUV in China this year, as part of a three-year plan to develop 30 models for the world’s largest auto market, it said on Wednesday. Ten of these models will be new-energy vehicles.

3 Apr 2019 - 9:49PM

Ford will produce its first battery-powered SUV in China this year, as part of a three-year plan to develop 30 models for the world’s largest auto market, it said on Wednesday. Ten of these models will be new-energy vehicles.

Ford switches to ‘China speed’, plans 10 new-energy vehicles for world’s largest auto market over the next three years
Chinese Olympic team kit sponsor Anta sued by small Hong Kong rival for allegedly copying design of its schoolbags

The sportswear giant is accused by Grown Up, a much smaller Hong Kong firm, of copying the appearance of three of its MoonRock branded schoolbags

2 Apr 2019 - 10:45PM

The sportswear giant is accused by Grown Up, a much smaller Hong Kong firm, of copying the appearance of three of its MoonRock branded schoolbags

Chinese Olympic team kit sponsor Anta sued by small Hong Kong rival for allegedly copying design of its schoolbags
How Adidas captured the hearts of Chinese millennials with the Yeezy shoe

With plenty of domestic rivals snapping at their heels, big international sports brands have had to up their game in a market where millennials are willing to spend big on premium trainers.

2 Apr 2019 - 12:51PM

With plenty of domestic rivals snapping at their heels, big international sports brands have had to up their game in a market where millennials are willing to spend big on premium trainers.

How Adidas captured the hearts of Chinese millennials with the Yeezy shoe
China grants JPMorgan and Nomura approval to take controlling stakes in local securities firms

JPMorgan Chase and Nomura Holdings get permission to set up majority-owned brokerages in China, part of an effort to open up the onshore market

29 Mar 2019 - 10:59PM

JPMorgan Chase and Nomura Holdings get permission to set up majority-owned brokerages in China, part of an effort to open up the onshore market

China grants JPMorgan and Nomura approval to take controlling stakes in local securities firms
Why 2019 could be the year of living dangerously for Chinese banks

Mainland banks are under instructions to boost lending to small businesses 30 per cent this year

29 Mar 2019 - 10:38PM

Mainland banks are under instructions to boost lending to small businesses 30 per cent this year

Why 2019 could be the year of living dangerously for Chinese banks
Shun Tak 2018 profit surges 220 per cent, lifted by residential sales, and one-off disposal
  • The property to transport conglomerate reported 2018 net earnings of HK$4.65 billion (US$592.4 million)
28 Mar 2019 - 3:28PM
  • The property to transport conglomerate reported 2018 net earnings of HK$4.65 billion (US$592.4 million)
Shun Tak 2018 profit surges 220 per cent, lifted by residential sales, and one-off disposal
Eight more companies given go-ahead to list on Shanghai’s new tech board

The Shanghai Stock Exchange on Wednesday accepted another eight IPO applications from companies aiming to list on its upcoming Technology Innovation Board.

28 Mar 2019 - 12:24AM

The Shanghai Stock Exchange on Wednesday accepted another eight IPO applications from companies aiming to list on its upcoming Technology Innovation Board.

Eight more companies given go-ahead to list on Shanghai’s new tech board
China cuts electric car subsidies by up to 60 per cent as it looks to improve technological standards to global levels

Subsidy cuts range from 47 per cent to 60 per cent depending on the driving range.

27 Mar 2019 - 11:18PM

Subsidy cuts range from 47 per cent to 60 per cent depending on the driving range.

China cuts electric car subsidies by up to 60 per cent as it looks to improve technological standards to global levels
Hong Kong developer Chinachem’s Sol City project met with weak demand despite discounted prices

Sales at Hong Kong property developer Chinachem Group’s Sol City development got off to a slow start, and only a fifth of the 148 units on offer were sold, suggesting a correction in Hong Kong’s property market is far from over.

27 Mar 2019 - 12:25AM

Sales at Hong Kong property developer Chinachem Group’s Sol City development got off to a slow start, and only a fifth of the 148 units on offer were sold, suggesting a correction in Hong Kong’s property market is far from over.

Hong Kong developer Chinachem’s Sol City project met with weak demand despite discounted prices
Chinese banks to post slow profit growth for fifth straight year

Lenders are on track for a 6.7 per cent profit rise for 2018, according to a Ping An Securities forecast.

26 Mar 2019 - 9:34AM

Lenders are on track for a 6.7 per cent profit rise for 2018, according to a Ping An Securities forecast.

Chinese banks to post slow profit growth for fifth straight year
Shanghai approves IPO applications by nine pioneers on Nasdaq-style tech board
Geely sees speed bumps ahead as its car sales and earnings sputter while China’s economic engine loses power

Geely sold 44 per cent fewer cars in December, compared with the same month in 2017, as a trade war with the US and China’s economic slowdown gave customers cause for pause

25 Mar 2019 - 10:26AM

Geely sold 44 per cent fewer cars in December, compared with the same month in 2017, as a trade war with the US and China’s economic slowdown gave customers cause for pause

Geely sees speed bumps ahead as its car sales and earnings sputter while China’s economic engine loses power
Chinese consumers – accounting for 33 per cent of all luxury goods spending globally last year – to tighten purse strings in 2019
BMW, Mercedes among luxury carmakers to cut prices in mainland China amid weaker demand, lower VAT

Price cuts of around 2.5 per cent come as Beijing prepares to lower VAT rate on manufacturers from 16 to 13 per cent

18 Mar 2019 - 12:56PM

Price cuts of around 2.5 per cent come as Beijing prepares to lower VAT rate on manufacturers from 16 to 13 per cent

BMW, Mercedes among luxury carmakers to cut prices in mainland China amid weaker demand, lower VAT
‘Policy relaxation’ to rekindle China homes prices later this year, says Hong Kong-listed developer

Cifi Holdings expects China home prices to accelerate in the second half, while Guangzhou and Heze among mainland cities that have already begun unwinding property-cooling measures.

15 Mar 2019 - 4:14AM

Cifi Holdings expects China home prices to accelerate in the second half, while Guangzhou and Heze among mainland cities that have already begun unwinding property-cooling measures.

‘Policy relaxation’ to rekindle China homes prices later this year, says Hong Kong-listed developer
IMAX to show more Chinese-language films after sci-fi blockbuster The Wandering Earth sets box office record

IMAX chief financial officer Patrick McClymont says the company would like to grow its theatre network in China to 1,200 cinemas from 639 last year

4 Mar 2019 - 10:44AM

IMAX chief financial officer Patrick McClymont says the company would like to grow its theatre network in China to 1,200 cinemas from 639 last year

IMAX to show more Chinese-language films after sci-fi blockbuster The Wandering Earth sets box office record
Chinese workers’ hopes for a hefty pay rise will be dashed as employers face gloomy business prospects

Only 8 per cent of mainland-based companies plan to offer raises of 10 per cent or more, according to British recruitment agency Hays

4 Mar 2019 - 6:30AM

Only 8 per cent of mainland-based companies plan to offer raises of 10 per cent or more, according to British recruitment agency Hays

Chinese workers’ hopes for a hefty pay rise will be dashed as employers face gloomy business prospects