Featured Story

CSL Side Guangzhou Owner China Evergrande Turning Focus Back To Property Market

Published in SportsBusiness Daily Global on 09 / 29 / 16

Evergrande, China’s second-largest property developer, is selling $400M of non-core assets "as it reverses a strategy of diversification embarked upon just a few years ago as the mainland property market cooled," according to Weinland & Lockett of the FINANCIAL TIMES. The "highly indebted ...

Read More

Tags: Finance, China

More Stories

07/21/15
SPFL Agrees New Live TV Deal For China

The Scottish Professional Football League "has agreed a deal to show live Scottish football on mainstream television in China for the first time," according to Chris McLaughlin of the BBC. Thought to be worth about £500,000 ($778,000) a year for three years, the deal "is with Letv Sports, Chin ...

Tags: Media, China, United Kingdom

07/15/15
Experts Say Snow 'No Problem' For Beijing

Ski industry experts said that snow "won't be a problem for Beijing and co-bidder Zhangjiakou if they are awarded the right to host the 2022 Winter Olympics," according to XINHUA. Lack of natural snow was "considered as a challenge for the Beijing 2022 bid." But experts said that "the climate condit ...

Tags: Olympics, China

07/10/15
Eastern Becomes HK's First Pro Team

Newly crowned A2 division champion Eastern is "set to shake up the local basketball scene" by devoting HK$10M ($1.3M) to become the first professional team in Hong Kong, according to Chan Kin-wa of the SOUTH CHINA MORNING POST. Unbeaten in the league this season, Eastern, which also has a footb ...

Tags: Leagues and Governing Bodies, China

07/08/15
Chinese FA Teams Up With 58.com

The Chinese FA signed a deal with 58.com to "become the title sponsor of China League One, the second division of football league in China," according to YUTANG SPORTS. The partnership will see 58.com, China’s largest classified site, "add its name to China’s second-tier football league, ...

Tags: Marketing and Sponsorship, China

07/01/15
Beijing Says Probe Will Not Affect Bid

A spokesperson said that a corruption investigation into a deputy Chinese sports minister who had sat on the country's Olympic committee "will not impact Beijing's bid for the 2022 Winter Olympics," according to Ben Blanchard of REUTERS. The Communist Party's anti-graft watchdog, the Central Commiss ...

Tags: Olympics, China

06/29/15
Fude Holdings Invests In Yanbian FC

Yanbian Changbaishan FC, a team from the Jia League, China's second tier, has "signed a four-year sponsorship deal with life insurance company Fude Holdings" worth CNY80M ($12.9M), according to SOCCEREX. Fude will invest CNY20M ($3.2M) a year into the Yanji-based club, contributing to the establishm ...

Tags: Marketing and Sponsorship, China

06/26/15
Hui Regains Command Of Evergrande Taobao

Evergrande Real Estate Group Ltd. Chair Hui Ka-yan has "taken control" of Chinese Super League side Guangzhou Evergrande Taobao after pumping 400M yuan ($64.42M) cash into the club, according to the HONG KONG ECONOMIC JOURNAL. Hui "boosted" his stake to 60%, leaving joint-venture partner A ...

Tags: Franchises, China

06/26/15
HKFA To Receive $13M Jockey Club Boost

The Hong Kong Jockey Club is set to inject HK$100M ($12.9M) as part of the FA's new five-year plan, but professional clubs "won't get a slice of the pie," according to Chan Kin-wa of the SOUTH CHINA MORNING POST. Local football is about to "receive a hefty cash injection to help implement" the ...

Tags: Finance, China

06/25/15
Chinese Women's Team Receives Bonus

China will "reward its women's football team with the 'highest ever' bonus" after qualifying for the quarterfinals of the World Cup in Canada, according to Nimfa May Idea of YIBADA. Chinese FA VP Yu Hongchen said that the players will "receive a whopping" 1M yuan ($160,000). The move was "created to ...

Tags: International Football, China

06/19/15
HKFA Fights For More Tickets To Qualifier

Hong Kong "will fight for a bigger-than-normal away ticket allocation for their much-anticipated ‘local derby’ against China" in a World Cup qualifier in Shenzhen in September, according to Chan Kin-wa of the SOUTH CHINA MORNING POST. Both of Hong Kong’s opening group C qualifying ...

Tags: Events and Attractions, China

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug