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Shuli Ren

Shuli Ren

Bloomberg

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Where Saudi’s MBS Beats China’s Deng Xiaoping

The world’s biggest names in finance and tech congregated in Riyadh last week for Saudi Arabia’s flagship investment conference to pitch deals,...

04.11.2024 5

Bloomberg

Shuli Ren

Xi Can't Get Stimulus Cold Feet Now — It's Too Late

China’s most powerful stock rally in a decade rose out of desperation, but can dissipate just as quickly if met with nothing but empty words. As of...

08.10.2024 100

Bloomberg

Shuli Ren

China Is Making Investor Calls So Awkward

Don’t ever underestimate China’s ability to shock and awe. Just when global asset managers had given up for good, Beijing made an abrupt turn,...

06.10.2024 100

Bloomberg

Shuli Ren

Xi Has Finally Realized What’s Ailing China

Once bitten, twice shy. The supercharged stimulus measures China’s top leaders announced in recent days has left many investors unconvinced. After...

29.09.2024 9

Bloomberg

Shuli Ren

Chinese Takeout in Saudi Arabia? You Bet

“Going out” is a major consideration among big Chinese corporations. Pressed by shrinking profit margins at home, China Inc. is keen to expand...

23.09.2024 6

Bloomberg

Shuli Ren

China’s Investment Banking Shakeout Resembles the Swiss Model

A shotgun marriage might avert an immediate catastrophe, but is not enough to bury all the conflicts. As regulators in Switzerland are finding out,...

19.09.2024 4

Bloomberg

Shuli Ren

The Fed Is Making Hong Kong’s Billionaire Landlords Anxious

Among those looking forward to the Federal Reserve’s interest rate cuts, few are as anxious as Hong Kong’s property tycoons who are now dealing...

12.09.2024 10

Bloomberg

Shuli Ren

Hong Kong's Pure Fitness Is Losing Its Swank

I am a Pure rat. For more than a decade, I’ve been an avid member at Pure Group, whose swanky gyms and yoga studios across Asia attract overworked...

27.08.2024 40

Bloomberg

Shuli Ren

Xi’s Supply-Side Panacea Has Lost Its Magic

Many are worried that China is making way more than the world needs. From electric vehicles to solar panels, plunging prices at home and abroad are...

20.08.2024 9

Bloomberg

Shuli Ren

China’s Clumsy Yield-Curve Control Can Easily Misfire

Just as Japan declares victory over using government bond yields to set monetary policy and boost economic growth, China begins its own. Yield-curve...

14.08.2024 3

Bloomberg

Shuli Ren

Luxury Looks Like a China Carry Trade Set to Unwind

Multinationals have a puzzle that they need to tease out in China, the world’s biggest market for luxury products: What’s driving a slump in...

12.08.2024 3

Bloomberg

Shuli Ren

How Big Is the Yen Carry Trade, Really?

When two popular trades, such as buying US big tech stocks and selling the Japanese yen, are unraveling at the same time, investors naturally think...

06.08.2024 5

Bloomberg

Shuli Ren

China’s Had Enough of Its Own Toxic Price Wars

China’s Politburo, its most powerful political body, meets four times a year to discuss the country’s leading economic and social issues. In the...

05.08.2024 7

Bloomberg

Shuli Ren

Even Convertible Arbitrageurs Are Abandoning China

Global investors are gobbling up bonds that can be turned into stocks, feeling good about the prospects and return potentials of smaller companies. In...

31.07.2024 3

Bloomberg

Shuli Ren

Big Luxury Frets That China Is Turning Japanese

Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chill. And as so often, the wind is blowing...

28.07.2024 5

Bloomberg

Shuli Ren

Xi Is No Fan of Bankers. He’s Got Reasons

The disconnect between Wall Street and Main Street is reaching a flash point in China. President Xi Jinping has made it clear that he is no fan of...

23.07.2024 6

Bloomberg

Shuli Ren

JD Vance’s Hillbilly Success Makes Xi Look Bad

China’s once-in-five-years conclave, where top officials brainstorm policies to chart the country’s economic future, is an important event. Pity...

17.07.2024 8

Bloomberg

Shuli Ren

Rise of Mao’s Cuisine Marks the End of Fine Dining

The luxury industry’s foray into China is fairly new, but savvy young professionals are already bored with products synonymous with refined...

15.07.2024 7

Bloomberg

Shuli Ren

Xi Must End This Silly 30-Year-Old Tax Treaty

So what if China levies taxes on private jets and golf clubs? Clawing money out of the very rich isn’t going to push the country off a fiscal cliff....

10.07.2024 3

Bloomberg

Shuli Ren

Milk Tea Craze Is Bringing Out All China’s Wrongs

People still spend money on small indulgences during economic downturns. If Chanel lipstick is the go-to item for women, milk tea drinks are soothing...

08.07.2024 20

Bloomberg

Shuli Ren

Li Keqiang’s Hawker Economy Thrives in Mao Country

As China’s property downturn continues, local governments are trying to come up with an alternative development model to make ends meet and provide...

03.07.2024 5

Bloomberg

Shuli Ren

There Is No Shame in Being Chinese

An economic slowdown at home has prompted Chinese firms to seek growth abroad. But the escalating US-China geopolitical tensions are getting in the...

18.06.2024 6

Bloomberg

Shuli Ren

Singapore-Washing Has Hit a Wall

Can private wealth management hubs stay neutral and discreet in an increasingly polarized world? Private banks in Zurich lost some of their shine...

17.06.2024 20

Bloomberg

Shuli Ren

Stop Comparing Hong Kong to Singapore

Business travelers have been visiting Hong Kong in recent weeks, attending big finance conferences and mulling whether to wade back into China....

11.06.2024 4

Bloomberg

Shuli Ren

China Can Escape the Value Trap. South Korea? Unlikely

China and South Korea have a lot in common. Both are manufacturing powerhouses. Both have an educated workforce. Now, they also share something less...

10.06.2024 4

Bloomberg

Shuli Ren

A Billion-Dollar Divorce Works When Shaming Fails

South Korea has been trying to rein in the powerful family-run conglomerates for at least a decade, with little success. But a billion-dollar divorce...

03.06.2024 10

Bloomberg

Shuli Ren

All Homes Grow Old. China Will Get Used to It

Chinese love new apartment buildings, my real estate agent told me last year as I was looking to buy property in Hong Kong. Seeing herself as an...

29.05.2024 4

Bloomberg

Shuli Ren

Private Credit and Mini-Millionaires Don’t Mix

As fundraising from pension and endowment funds slows, private credit managers have set their eyes on wealthy individuals. The success of the $54...

28.05.2024 30

Bloomberg

Shuli Ren

Has Xi Really Changed His Mind on Housing and Consumption?

A few recent policy initiatives suggest that China is changing its economic priorities. To halt an unprecedented property downturn, Beijing is asking...

22.05.2024 20

Bloomberg

Shuli Ren

A Tale of China’s Two Housing Markets

China is making its most forceful attempt yet to end an unprecedented property downturn. Mopping up excess supply is now on the priority list. To...

20.05.2024 30

Bloomberg

Shuli Ren

What Is China’s $138 Billion Bond Bazooka Aiming At?

China will begin selling 1 trillion yuan ($138 billion) special sovereign bonds Friday, the fourth such sale in past 26 years. These offerings are...

16.05.2024 60

Bloomberg

Shuli Ren

Why Are Americans So Angry While Chinese Are Calm?

It was not supposed to turn out this way. The US economy is strong, its labor market is tight, and people are spending. But a large chunk of the...

13.05.2024 50

Bloomberg

Shuli Ren

China’s Housing Mess Finally Comes for Xi’s Own

A third year into an unprecedented housing downturn, China’s President Xi Jinping seems to be finally getting worried, prompting speculation of...

09.05.2024 40

Bloomberg

Shuli Ren

Behind the Hong Kong Market’s Fast and Mysterious Rally

All of a sudden, the mood in Hong Kong seems to have shifted. The $5.2 trillion stock market is on its longest winning streak since 2018, with Chinese...

06.05.2024 40

Bloomberg

Shuli Ren

‘Blazing Furnace’ Turns Vietnam Into Another Chinese Province

Vietnam’s anti-corruption drive, which the ruling Communist Party chief Nguyen Phu Trong likened to a “blazing furnace,” is running hot. This...

05.05.2024 70

Bloomberg

Shuli Ren

The Yen Is a Currency Trader’s Best Friend and Worst Enemy

There are two big problems in the world of currency trading. First, those who engage in carry trades tend — to use Gavekal Research’s founder...

26.04.2024 20

Bloomberg

Shuli Ren

Private Credit Is Disrupting Hong Kong Bankers’ Cozy Lives

Before AI replaces humans with machines, the arrival of private credit in Hong Kong is posing an existential threat to some of the city’s finance...

23.04.2024 10

Bloomberg

Shuli Ren

China’s $3.7 Trillion Wealth Industry Is Plagued by Sub-3% Returns

Which companies may blow up and which stock indexes will nosedive? Most investors are not distressed-debt specialists and are not keen to find out. ...

21.04.2024 20

Bloomberg

Shuli Ren

Making Sense of China’s Magical 5.3% Growth

China’s first-quarter 5.3% growth handily beat expectations and Beijing’s own target of “around 5%.” But if you ask households, companies and...

18.04.2024 70

Bloomberg

Shuli Ren

Vanke’s Denials Say Everything About China Property

Is China Vanke Co. the last one standing as the nation’s unprecedented property downturn and developer defaults enter a third year? In a Sunday...

15.04.2024 30

Bloomberg

Shuli Ren

Spring Break Is More of a Buzz With Malatang

Powered by social media, young people in China are traveling to the far corners of the country, places that those a decade or two older had missed. ...

28.03.2024 5

Bloomberg

Shuli Ren

Hong Kong Property Tycoons Are Selling Super Call Options

Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider Uptown East in...

25.03.2024 10

Bloomberg

Shuli Ren

Private Credit’s Second Act Raises Some Eyebrows

In the last two years, private credit has blossomed, along with the Federal Reserve’s rate hikes and banks’ retreat from risky lending. But as...

20.03.2024 10

Bloomberg

Shuli Ren

Don’t Ask Cathie Wood About Nvidia, or TSMC

Cathie Wood seems to have the worst timing on artificial intelligence stocks. She offloaded Nvidia Corp.’s shares in early 2023, failing to grasp...

20.03.2024 50

Bloomberg

Shuli Ren

Private Credit Has Had Its 15 Minutes of Fame

Just as private credit is becoming an asset class of its own and private equity houses are finding a new revenue stream away from their...

13.03.2024 20

Bloomberg

Shuli Ren

Vanke, the Developer That Will Break China’s Back

A third year into a property downturn, China is still seeking market-oriented solutions. Insolvent developers must be prepared for bankruptcy, the...

12.03.2024 7

Bloomberg

Shuli Ren

An (Almost) Inverted Yield Curve Is Worrying China

A curious thing is happening in China’s 29 trillion yuan ($4 trillion) government bond market. The yield differential between 30- and 10-year bonds...

11.03.2024 60

Bloomberg

Shuli Ren

China’s New Premier Is Using Fuzzy Math

China has decided on ambitious economic targets for 2024. The big question now is how it will reach those goals. The “around 5%” growth target...

05.03.2024 30

Bloomberg

Shuli Ren

Hong Kong Manages Money Only for the Very Rich

Hong Kong is branding itself as a global wealth-management hub. The government doesn’t levy any capital gain. It’s offering generous tax breaks to...

03.03.2024 9

Bloomberg

Shuli Ren

Hong Kong Races to Find Its Property Market Bottom

As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a...

28.02.2024 10

Bloomberg

Shuli Ren

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