Wang Jianlin

Wanda chairman Wang Jianlin is expanding the conglomerate’s reach into the lucrative sports business, with a latest foray into world basketball. Photo: Bloomberg

Wanda agrees tie-up with International Basketball Federation

Wang Jianlin’s personal love-hate relationship with football is well known.

Now the chairman of Chinese property and entertainment conglomerate Wanda Group is stepping into unchartered sporting territory for which he has no emotional connection: basketball.