What investment projects does Yao Ming have?

Yao Ming was born on September 12, 1980 in Xuhui District, Shanghai. His ancestral home is Zhenze Town, Wujiang District, Suzhou City, Jiangsu Province. He played for 6 consecutive seasons from 2003-09 (career ***8 2 times) was selected to the NBA All-Star team, 2 times was selected to the NBA All-NBA Second Team, and 3 times was selected to the NBA All-NBA Third Team. On July 20, 2011, Yao Ming officially announced his retirement.

?Invest in Sports

Yao Ming’s business journey in the sports field was actually not smooth. In 2009, Yao Ming acquired the Shanghai Sharks Club, hoping to "run the Shanghai team like a professional club." But this completely professional club was severely defeated by the semi-professional CBA league. According to media reports, Yao Ming has lost 50 million yuan in the three years since he took over. Currently, without a clear business model, Yao Ming begins to run the club carefully. In addition to clubs, Yao Ming is also involved in sports agency and other fields. It is understood that Yao Ming serves as the chairman of Zhonghui Sports and has signed athletes such as Yi Jianlian, Ding Junhui, Zhang Lin, Hou Yifan, and Lin Dan.

Investment in Catering

Yao Restaurant & Bar is located at No. 9755 Westheimer Street, the most prosperous high-end dining street in West City, Houston, USA. It was jointly founded by Yao Ming's parents, Yao Zhiyuan and Fang Fengdi, and their friends - Wang Daxiang and Kong Qingling, teammates of the Shanghai men's and women's basketball teams in the 1970s, Fu Jilin, the owner of four Chinese restaurants in Houston, and Yu's brother who opened a Sichuan restaurant. It had a trial operation on February 20, 2005 and officially opened on May 21. This restaurant was very popular in the United States, and many celebrities ate there.

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Summary: Yao Ming’s investments involve various fields, but he pays more attention to the sports industry. As a person with a sports background, he More understanding of the hardships of sports career. Therefore, Yao Ming has always had a good reputation in terms of investment.