Former NBA star Yao Ming's investment empire
(chinadaily.com.cn) Updated: 2016-08-10 06:386 Shanghai Sharks
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Retired Chinese basketball superstar Yao Ming is pictured at an interview in Shanghai, China, April 5 2016.[Photo/IC] |
Yao Ming took over his former club the Shanghai Sharks, which was approaching financial ruin, in 2009.
Yao's management team and the Shanghai Sharks, the name of which had been changed to the Shanghai Oriental Basketball Club, signed a framework agreement on share transfer.
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