Featured Story

China's Sport Sector Projected To Double In Value By '20, Says Bank Of China Int'l Report

Published in SportsBusiness Daily Global on 07 / 28 / 17

China’s sports industry could be "about to come of age," as "growing public enthusiasm" for participatory athletic events coupled with the government’s efforts to promote sport awareness are seen as "powerful catalysts for a sector still at an early stage of development by global standar...

Read More

Tags: Finance, China

More Stories

07/11/16
Wanda Playing Down CL Report

Chinese-owned Wanda Sports Holding "played down a report on Friday that it was backing plans" to launch a club football tournament to rival the European Champions League, according to Clare Jim of REUTERS. A report in the Financial Times said that the group was "seeking support in England, Spain, ...

Tags: Events and Attractions, China

07/11/16
Investors To Take 70% Stake In Sintrense

A group of Chinese investors have "agreed to buy a 70% stake in Sport Uniao Sintrense, a Portuguese club located in the town of Sintra, in the Lisbon district," according to Chen Yaping of YUTANG SPORTS. The investment group is led by Portugal-based company Iberia Universal Lda President Zhan L ...

Tags: Finance, China

07/08/16
Seca Backing New Formula E Team

China's "hand in the fledgling Formula E circuit" was strengthened with mainland-based sports marketing and management firm Seca throwing its "weight behind a team" for the '16-17 season, according to Mathew Scott of the SOUTH CHINA MORNING POST. Seca Founder & CEO Sheng Li said, "We think it's ...

Tags: Marketing and Sponsorship, China

07/06/16
Dalian Wanda H1 Revenue Jumps

China's Dalian Wanda Group said on Tuesday that first-half revenue "climbed a better-than-expected 10.6 percent, helped by its aggressive expansion into entertainment and leisure businesses as it diversifies away from property," according to Clare Jim of REUTERS. Owned by China's richest man Wang Ji ...

Tags: Finance, China

07/05/16
Publicis Groupe Partners With Tencent

Publicis Groupe has signed a global partnership with Chinese Internet "behemoth" and WeChat Owner Tencent, according to Rebecca Stewart of THE DRUM. The holding group's deal with Tencent "will give it access to a large amount of behavioural data" with the aim of providing Publicis clients with "impr ...

Tags: Marketing and Sponsorship, China

06/29/16
Adidas Teams Up With Wanda Group

Adidas has teamed up with Chinese conglomerate Wanda Group to strengthen its commercial position and help develop sports in the world's most populous country. As part of Tuesday's agreement, adidas will sponsor two of Wanda’s Ironman events in China and work with the property developer to help ...

Tags: Marketing and Sponsorship, Europe, China

06/29/16
NBA Gets First Chinese Minority Owner

NBA Minnesota Timberwolves Owner Glen Taylor will sell two small shares of both the NBA team and the WNBA Lynx in a deal "that will bring the first Chinese owner to the NBA," according to Kent Youngblood of the Minneapolis STAR TRIBUNE. Shanghai-based investor Lizhang Jiang and Meyer Orbach, th ...

Tags: Finance, China

06/29/16
Hodgson Wanted By Top CSL Clubs

Former England national coach Roy Hodgson "has been offered an immediate escape from his England nightmare with top clubs in China all vying for his signature," according to Sam Cunningham of the London DAILY MAIL. Hodgson is "out of work after resigning from managing the national team following a d ...

Tags: International Football, China

06/27/16
KHL Confirms Chinese Addition

The Russia-based Kontinental Hockey League has "confirmed that it will add a Chinese club next season as it competes against the NHL in Asian markets," according to the AP. Kunlun Red Star has been approved by the KHL board "to join the league and now faces a rush to get ready for the start of play ...

Tags: Franchises, China, Russia

06/22/16
Chinese Sports Investments To Increase

Euro 2016 "ignited fund inflows into the sports sector," according to Laura He of the SOUTH CHINA MORNING POST. With Chinese companies on a recent shopping spree for global sports assets, analysts expect to see an "increasing trend of capital rushing into the sector to capture business opportunities ...

Tags: Finance, China

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug