Big shots.

Walt Disney Co. and four Chinese investment firms will invest in an 11 percent stake, or about $250 million, in the National Basketball Association's subsidiary in China. The NBA and Disney, which broadcasts the league's games through its ABC and ESPN subsidiaries, will be joined by two Chinese banks, investment firm Legend Holdings, which owns the largest share of computer maker Lenovo as well as a firm owned by Li Ka-shing, the Hong Kong billionaire who controls one of China's largest companies, Hutchison Whampoa. Burbank-based Disney, which hadn't officially announced the deal at press time, will own 5 percent with the tour Chinese investors collectively owning 6 percent. NBA. China will have the right to create teams in China, and will own all broadcasting rights and merchandising and will also retain a portion of ownership in teams created in that country.