The Shanghai Sharks, a strong team in the Chinese Basketball Association (CBA), has been selling shares recently. According to local Shanghai media reports, Yao Ming, the team's owner, has sold 40% of the team's shares, but the remaining 60% is hard to sell. The new investors of the Shanghai Sharks include CMC Holdings Ltd. and Everbright Capital Investment Co. Yao Ming purchased the Shanghai Sharks for approximately 20 million yuan, but the current transaction price of CBA teams is far higher than that. The selling price of the Shanghai Sharks may exceed 170 million yuan, due to the rapid development of China's sports industry in recent years and the team's location in Shanghai. Although the new season is about to begin, other teams are not concerned about Yao Ming not selling all of the Shanghai Sharks' shares. Other team owners may hope that the team can be sold at a good price, which is important for their own interests. They do not want to force Yao Ming to sell the team at a low price. The selling price of the Shanghai Sharks will directly affect the value of other teams and how investors operate their teams. Yao Ming decided to sell the Shanghai Sharks to protect the fairness of the CBA league. It is understood that Yao Ming has contacted several investors, but the sale of the remaining shares is not progressing smoothly. Price and new investor identity are two major obstacles. Local Shanghai media reported that the new investors of the Shanghai Sharks will need to meet certain conditions, including stable operations and financial conditions. These conditions may affect the team's selling price and sale progress. The sale progress of the Shanghai Sharks will continue to be closely watched, and the team's future development will depend on the new investors and the team's operating conditions. Su Qun, a well-known basketball reporter in China, said that other club owners are likely to hope that the team can command a good price out of their own interests. They wouldn't want to force Yao Ming to sell his club at low prices just because the new season is approaching. To them, selling the Shanghai Sharks at good prices is more important than anything else. Its ultimate transaction price will directly determine other clubs' value and how other club investors will operate their teams and how much they will invest in them.