China

Chinese sportswear company Anta has announced plans to raise HK$3.79bn (€461.2m/$488.2m) in a share sale to fund partnerships and acquisitions of international sportswear brands.

A number of German Bundesliga football clubs have today (Wednesday) responded to a report that Chinese conglomerate and investment company Fosun International has held investment talks with at least six teams, while Bayern Munich and VfL Wolfsburg have opened new offices in the country.

North American basketball league the NBA has announced that the Golden State Warriors and Minnesota Timberwolves will compete in this year’s Global Games series in China.

The Badminton World Federation (BWF) has awarded hosting rights for its 2018 and 2019 World Championships to Nanjing and Basel, respectively, while it has also unveiled a major overhaul to its event structure.

Golf’s Asian Tour will travel to China for the first time in nine years after agreeing a strategic partnership with the China Golf Association (CGA).

The South Korean city of Pyeongchang has joined forces with Tokyo in Japan and the Chinese capital of Beijing to launch a new co-operation project, ahead of each city’s hosting of an upcoming Olympic and Paralympic Games.

Venture capital firms China Media Capital (CMC) and Sequoia Capital have joined forces to form a fund dedicated to developing the Chinese sports industry.

French prosecutors who are investigating allegations of wrongdoing in relation to the award of the 2021 International Association of Athletics Federations (IAAF) World Championships to Eugene in the US are also looking into the award of other hosting rights, a source close to the probe has told the Reuters news agency.

Chung Mong-gyu, president of the Korea Football Association, has revealed that that the governing body is considering a joint bid with North Korea, China and Japan for the 2030 edition of the Fifa World Cup.

Chinese investment fund IDG Capital Partners has completed a deal to acquire a 20 per cent stake in Olympique Lyonnais after the French Ligue 1 football club confirmed that it had deposited the second payment under an agreement initially struck in August.

The International Volleyball Federation (FIVB) has announced that Nanjing in China will stage its 2017 World Grand Prix Finals.

World Sailing has awarded hosting rights for its 2017 Youth World Championships to Sanya in China following the conclusion of a fresh bidding process for the event.

The French Football League (LFP) and French Football Federation (FFF) have today (Thursday) joined forces to inaugurate their first overseas office in Beijing, China.

The Chinese city of Sanya has agreed a deal to become a first-time host port and team partner for the Clipper Round the World Yacht Race.

CMC Capital Partners, a leading Chinese investor in the sports and entertainment sectors, has today (Tuesday) announced an investment in Formula E Holdings Limited, the official promoter of the Formula E electric car-racing championship.

Video games publisher Riot Games has announced that Brazil and China will host the two showpiece events for its League of Legends (LOL) series in 2017, with the season finale having the potential to set a new attendance benchmark for a major esports event.

Andy Fry looks at Alibaba's TOP partnership deal with the IOC and what it means for the Olympic Movement.

Observations from LeSports Connects, the Chinese sports industry conference run by LeSports and Branded at the Mission Hills Dongguan golf resort.