Shuli Ren

Opinion Columnist at Bloomberg Opinion

A yogi wannabe. Bloomberg Opinion columnist @opinion. All views are my own.

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Articles

Is Hong Kong’s New World Too Big to Fail?

1 week ago | bloomberg.com | Shuli Ren

New World apartments in southern Hong Kong Island sold in a few hours. (Bloomberg Opinion) -- New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, policymakers and investors alike. Property fire sales at New World could drag down home prices further, while a potential default will impair banks’ loan books.
China caminha para atingir seu ‘momento DeepSeek’ na biotecnologia

2 weeks ago | bloomberglinea.com.br | Shuli Ren |Qilai Shen

Bloomberg Opinion — Da inteligência artificial (IA) à defesa militar, a China proporcionou alguns momentos DeepSeek este ano, demonstrando que o país é mais do que apenas a maior fábrica do mundo e que também pode competir com os Estados Unidosna área da tecnologia. Agora, a biotecnologia vive o seu momento.
Hong Kong’s Dollar Peg Is Too Tight

2 weeks ago | bloomberg.com | Shuli Ren

Mortgage rates have fallen sharply in Hong Kong, helping the property market. (Bloomberg Opinion) -- Hong Kong is on the cusp of a big, beautiful bull run. But it’s in danger of being ruined. The financial center is finally getting back on its feet. The city is leading in global initial public offerings rankings this year. Its stock market is one of the world’s best performing.
Why China biotech is getting a DeepSeek moment, too

2 weeks ago | businesstimes.com.sg | Shuli Ren

FROM artificial intelligence to military defence, China has offered a few DeepSeek moments this year, showing that the country is more than just the world's biggest factory, and that it also can compete with the United States on the technology front. Now biotech is having its own.
Why China Biotech Is Getting a DeepSeek Moment, Too: Shuli Ren

2 weeks ago | news.bloombergtax.com | Shuli Ren

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Why China Biotech Is Getting a DeepSeek Moment, Too

2 weeks ago | bloomberg.com | Shuli Ren

China’s biotech industry is shaping up as an attractive place for Big Pharma(Bloomberg Opinion) -- From artificial intelligence to military defense, China has offered a few DeepSeek moments this year, showcasing that the country is more than just the world’s biggest factory, and that it also can compete with the US on the technology front. Now biotech is having its own. In late May, Pfizer Inc.
Hong Kong has all but abandoned the dollar peg

3 weeks ago | thestar.com.my | Shuli Ren

INTEREST rates in Hong Kong have been eerily low, raising the question of whether the city’s dollar peg is now in name only. Hong Kong surrendered its monetary autonomy decades ago, thanks to a unique mechanism that restricts its currency fluctuation to a narrow band of 7.75 and 7.85 per dollar. That means the city’s borrowing costs move in lockstep with those in the United States, which are dictated by the Federal Reserve’s (Fed) rate policies. Currency traders have been staring at an anomaly.
Hong Kong Has All But Abandoned the Dollar Peg

3 weeks ago | bloomberg.com | Shuli Ren

It’s time for Hong Kong to regain control of its currency. (Bloomberg Opinion) -- Interest rates in Hong Kong have been eerily low, raising the question of whether the city’s dollar peg is now in name only. Hong Kong surrendered its monetary autonomy decades ago, thanks to a unique mechanism that restricts its currency fluctuation to a narrow band of 7.75 and 7.85 per dollar.
Whose idea is Trump’s big, absurd ‘revenge’ tax?

3 weeks ago | afr.com | Shuli Ren

Jun 4, 2025 – 6.45am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? An obscure item tucked deep inside President Donald Trump’s big, beautiful tax and spending bill is spooking Wall Street. The question is how and why this idea came up in the first place.
Whose Idea Is Trump’s Big, Absurd ‘Revenge’ Tax?

3 weeks ago | bloomberg.com | Shuli Ren

Trump’s ‘revenge tax’ will only speed up the 'Sell America' trade. (Bloomberg Opinion) -- An obscure item tucked deep inside President Donald Trump’s big, beautiful tax and spending bill is spooking Wall Street. The question is how and why this idea came up in the first place. Section 899, titled “Enforcement of Remedies Against Unfair Foreign Taxes,” gives the White House the power to levy a new tax of up to 20% on foreigners with US investments.