NBA star Yao Ming steps into private equity - report
Yao Ming, China's former NBA star, has reportedly invested in two private equity funds since 2011. The funds are between them targeting about RMB6.6 billion ($1.1 billion).
The ex-Houston Rockets player has backed D&F Capital, China's first-ever sports-focused private equity fund, which was set up in 2011, 21st Century Business Herald reported. He subsequently took over...
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