One of the best-known billionaires to emerge from China’s tech sector is hoping to tap into the country’s passion for basketball by backing a pan-Asian college league styled on the US “March Madness” knockout tournament.
Alibaba chair Joe Tsai — who owns the Brooklyn Nets, the US professional National Basketball Association team — hopes to build on enthusiasm for live events in China with a new amateur competition.
The Asian University Basketball League launched this week with a tournament in Alibaba’s hometown of Hangzhou, featuring 12 college teams from mainland China, Korea, Japan, Taiwan, Mongolia and Hong Kong, including Peking University and the University of Hong Kong.
您已阅读18%（682字），剩余82%（3171字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。