Ren Wei

Ren Wei

Latest from Ren Wei

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

7 Jun 2019 - 4:31AM

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

5 Jun 2019 - 10:59PM

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

5 Jun 2019 - 10:59PM

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
The US-China trade war has been a boon for Brazil’s soybean farmers. But can they keep up with Chinese demand?

US shipments of soybeans to China have halved since Beijing slapped a 25 per cent punitive duty on them in July.

17 May 2019 - 1:27PM

US shipments of soybeans to China have halved since Beijing slapped a 25 per cent punitive duty on them in July.

The US-China trade war has been a boon for Brazil’s soybean farmers. But can they keep up with Chinese demand?
Yet another scam in China’s fund management sector leaves investors scrambling to recoup close to US$1 billion

Shanghai-based asset management group PGA Venture Partners’ office was closed on Thursday as no employee turned up for work.

10 May 2019 - 10:53PM

Shanghai-based asset management group PGA Venture Partners’ office was closed on Thursday as no employee turned up for work.

Yet another scam in China’s fund management sector leaves investors scrambling to recoup close to US$1 billion
China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds

The number of private equity funds targeting China’s e-commerce and internet businesses has fallen dramatically, according to a Bain & Co survey

25 Apr 2019 - 8:01PM

The number of private equity funds targeting China’s e-commerce and internet businesses has fallen dramatically, according to a Bain & Co survey

China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds
What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?

Sales growth in China’s automotive industry, operating at 43 per cent of installed capacity, has slowed for nine consecutive months

20 Apr 2019 - 8:00AM

Sales growth in China’s automotive industry, operating at 43 per cent of installed capacity, has slowed for nine consecutive months

What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?
Shanghai’s hotly anticipated tech board vital to China’s global financial ambitions, says top official

The authorities have approached a ‘handful’ of potential IPO candidates for the eagerly anticipated new board in Shanghai and will soon release draft rules for listings.

23 Jan 2019 - 10:35AM

The authorities have approached a ‘handful’ of potential IPO candidates for the eagerly anticipated new board in Shanghai and will soon release draft rules for listings.

Shanghai’s hotly anticipated tech board vital to China’s global financial ambitions, says top official
Sino Land makes quick work of 336 flats at its Grand Central residential project in Kwun Tong
China touts US$57.8 billion deals after Shanghai import expo, but how much of that is window-dressing?
  • China International Import Expo hailed as symbol of Chinese opening up but unlikely to address ongoing concerns of trade partners
10 Nov 2018 - 11:14PM
  • China International Import Expo hailed as symbol of Chinese opening up but unlikely to address ongoing concerns of trade partners
China touts US$57.8 billion deals after Shanghai import expo, but how much of that is window-dressing?
President Xi breathes new life into Shanghai FTZ as he hopes to replicate reforms across China
  • President Xi Jinping says the Shanghai free-trade zone will be encouraged to take bold steps to facilitate more trade and investment after the expansion.
9 Nov 2018 - 6:22AM
  • President Xi Jinping says the Shanghai free-trade zone will be encouraged to take bold steps to facilitate more trade and investment after the expansion.
President Xi breathes new life into Shanghai FTZ as he hopes to replicate reforms across China
China hopes mutual respect will help reach deal to end US trade war

Minister signals desire for ‘healthy and stable’ relations ahead of Shanghai expo.

9 Nov 2018 - 6:18AM

Minister signals desire for ‘healthy and stable’ relations ahead of Shanghai expo.

China hopes mutual respect will help reach deal to end US trade war
Malaysian housing minister walks back Mahathir’s talk of banning foreign buyers in Country Garden project
Xiaomi bickering exposes Hong Kong stock exchange’s rivalry with Shanghai and Shenzhen bourses

The world’s fourth-largest smartphone maker is at the centre of a war of words between the Hong Kong stock exchange and the operators of the Shanghai and Shenzhen bourses.

17 Jul 2018 - 11:03PM

The world’s fourth-largest smartphone maker is at the centre of a war of words between the Hong Kong stock exchange and the operators of the Shanghai and Shenzhen bourses.

Xiaomi bickering exposes Hong Kong stock exchange’s rivalry with Shanghai and Shenzhen bourses
China’s state-owned Jianyin Investment asserts pursuit of overseas culture assets amid crackdown

The firm is targeting culture-related assets – even though Beijing classified some of them like football clubs and cinemas as restricted – to meet growing domestic demand for cultural products and services

24 Jun 2018 - 10:35PM

The firm is targeting culture-related assets – even though Beijing classified some of them like football clubs and cinemas as restricted – to meet growing domestic demand for cultural products and services

China’s state-owned Jianyin Investment asserts pursuit of overseas culture assets amid crackdown
Temasek, others to buy Hainan Airlines stake for US$1.1 billion

Parent firm HNA says it plans to use the new funds to expand its operations by buying aircraft and support six other projects, such as pilot training, engine maintenance and training facilities

11 Jun 2018 - 10:28PM

Parent firm HNA says it plans to use the new funds to expand its operations by buying aircraft and support six other projects, such as pilot training, engine maintenance and training facilities

Temasek, others to buy Hainan Airlines stake for US$1.1 billion
China challenges Europe, US benchmarks with launch of first oil futures contracts
Revealed: Suzhou contractor is buyer of one of Asia’s priciest flats at Mount Nicholson
Xi Jinping ally takes up top job in Shanghai
Outbound investments will grow despite challenges: China Everbright CEO
Yingde shareholders end board battle, paving the way for sale to PAG
The mud crab feast that started Yingde’s boardroom coup
Buyout fund enters the fray of Yingde’s boardroom feud with takeover offer
The stocks linked to China’s missing tycoon Xiao Jianhua
Paramount forges US$1 billion deal with Chinese film companies
Chinese premier takes economy’s temperature in talks with entrepreneurs and economists
Shanghai Disney riding high and on track to overtake Hong Kong ‘rival’
Learn from the past to build a better world, ‘comfort women’ historian urges young Chinese
Wave of property curbing measures set to spark a nationwide flight to equities
China developer Greenland sets up securities unit in Hong Kong