Investing in Sports Yao Ming's business trip in the field of sports is actually not smooth. In 2009, Yao Ming bought the Shanghai Shark Club, hoping to "turn the Shanghai team into a professional club". However, this completely professional club was defeated in front of the semi-professional CBA League. According to media reports, Yao Ming lost 50 million yuan in the past three years. At present, in the absence of a clear business model, Yao Ming began to manage the club carefully. Besides clubs, Yao Ming also dabbles in sports brokerage and other fields. It is understood that Yao Ming, chairman of Zhonghui Sports, has signed contracts with athletes such as Yi Jianlian, Ding Junhui, Zhang Lin, Hou Yifan and Dānlín.
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Yao Restaurant &; Bar) is located at 9755 Weiss Hammer Street, the most prosperous high-end dining street in the West District of Houston, USA. It was co-founded by Yao Ming's parents Yao Zhiyuan and Fang Fengdi, their friends, teammates Wang Daheng and Kong Qingling of the Shanghai men's and women's basketball teams in the 1970s, Fu Jilin, who owns four China restaurants in Houston, and Yu Di, who owns a Sichuan restaurant. It was put into trial operation on February 20th, 2005 and officially opened on May 2nd1. This restaurant is very popular in America, and many stars eat here one after another.
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Summary: Yao Ming's investment involves various fields, but he pays more attention to the sports industry. As a person with a sports background, he knows more about the hardships of sports. Therefore, Yao Ming has always enjoyed a good reputation in investment.