Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,303.10 +8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
Nasdaq 3,459.14 -0.27 -0.01%
Ticker Volume Price Price Delta
STOXX 50 2,764.29 -12.49 -0.45%
FTSE 100 6,654.34 -42.45 -0.63%
DAX 8,305.32 -46.66 -0.56%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,618.70 -51.01 -0.23%
S&P/ASX 200 4,983.50 -78.95 -1.56%

Yao Ming Appointed to Shanghai Government’s Top Advisory Body

Former Chinese basketball star Yao Ming was appointed a member of the Shanghai municipal government’s top advisory body, the official Xinhua News Agency reported.

The 7-foot-6-inch Yao attended the opening ceremony for the Shanghai Committee of the Chinese People’s Political Consultative Conference today after being appointed to the body in December, Xinhua reported. The body offer suggestions for the implementation of rules, policies and other government functions.

Yao, China’s most-popular athlete, has worked as an analyst on television broadcasts of basketball games and introduced his own brand of wines in China since retiring in July from the Houston Rockets. Forbes Magazine ranked Yao, who has appeared in advertising for PepsiCo Inc., Reebok International Ltd. and Apple Inc., China’s most-popular celebrity for six consecutive years through 2009. He was ranked fifth on Forbes’s 2011 list, which was topped by Hong Kong actor Andy Lau.

As a member of the advisory body, Yao said he would pay special attention to issues regarding education and sports, Xinhua reported. Yao is a native of Shanghai.

To contact Bloomberg News staff on this story: Alfred Cang in Shanghai at acang@bloomberg.net

To contact the editor responsible for this story: John Liu in Beijing at jliu42@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link