China / China

'Yao Ming Wine' auctioned for $23,499

( Updated: 2011-11-27 22:46

'Yao Ming Wine' auctioned for $23,499

Yao Ming (L) attends a charity auction held by Special Olympics East Asia, which organizes sports competitions for the intellectually disabled, in Shanghai, Nov 27, 2011. A bottle of "Yao Ming Wine" produced by Yao's wine company was auctioned at an initial price of 60,000 yuan ($9,414) during the event. The wine was sold for 150,000 yuan ($23,499) and altogether $454,161 was raised by the event. The fund will be used for popularizing Special Olympics in China.[Photo/CFP]

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