The NBA and the NBA have a history of investing in China

The NBA team ownership is a ticket into one of the most exclusive fraternities in the world. Michael Jordan, Mickey Arison and Joe Tsai are multibillion-dollar businessmen and owners of various NBA franchises. They saw team ownership as a lucrative investment and many people have made a lot of money off of it.

The NBA And China: Their team ownership isn't their only investment. Many are familiar with Cuban's story, Ballmer's run with Microsoft Corporation MSFT, Jordan's brand and his partnership with Nike Inc NKE. They are invested in the Chinese market, but you may not be as familiar with it.

In a recent article about the relationship between the NBA, NBA owners and China, Walt Disney Co DIS-owned ESPN.

One of the reasons the October 2019 tweet by the Philadelphia 76 ers President of Basketball Operations Daryl Morey and then the general manager of the Houston Rockets supported the Hong Kong protestors is because of the relationship between the NBA and the authoritarian regime of China.

The Chinese government removed sponsorships and TV deals, costing the NBA hundreds of millions of dollars, led to a chain of events that led to the removal of sponsorships and TV deals.

The ban ended just before the start of the NBA playoffs, as Chinese fans were able to watch the sport on state-ran TV. The article goes on to explain that the NBA's business in China is worth $5 billion, but that is just the tip of the iceberg. The NBA owners have more than $10 billion invested there, according to ESPN.com.

The NBA is a lucrative game, and almost everyone from players to owners are some of the most business-savvy investors in the world. China Equity Ideas: Alibaba Group Holding Ltd-ADR BABA, co-founded by Brooklyn Nets owner Tsai, is an e-commerce giant that has been compared to Amazon on steroids. Leju Holdings Ltd. LEJU is headquartered in Beijing, China. Last week, Leju was one of the biggest movers, up nearly 50%.

American investors can buy Class A shares listed on the Shenzhen and Shanghai exchanges through a partnership with Deutsche Bank and Harvest Global.