People play basketball on an outdoor court in Beijing. Photo: AFP
Sportswear maker Li-Ning and other sponsors of Chinese basketball see shares jump as country cuts ties with NBA and Houston Rockets
- China has suspended broadcasts of NBA preseason games after Houston Rockets general manager Daryl Morey tweeted his support for Hong Kong protesters
- Domestic brands have gained on expectations more Chinese fans will switch to watching the Chinese basketball league, which would bolster sales at home-grown sports gear makers
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NBA (National Basketball Association)
People play basketball on an outdoor court in Beijing. Photo: AFP