3 Top Chinese stars affected by the stock market slide
The recent stock market crash in mainland China and Hong Kong have not only affected your usual business investors, but also the many celebrities actively playing the stock market game. As reported on ECNS News, actors including Zhao Wei, Zhang Ziyi, and Fan Bingbing were among the stars who suffered from the recent stock market plunge.
She is considered the world's wealthiest working actress, causing much speculation on how much "China's show-business Buffett" really has. Her net worth is a total of the her combined earnings as a Chinese actress, director, and singer, which include stock investments, lucrative endorsement deals, and substantial property holdings. In addition, she also owns several restaurants, a football team, a Vodka brand, a top-selling perfume, and a fashion line. She owned 1.93 billion shares in Alibaba Pictures with husband Huang Youlong and another 1.173 million shares in Talent International, which saw the fall of about RMB 3.6 billion (USD 570 million) in their fortune.
2. Zhang Ziyi
She had 9 million shares in Dalian Wanda Commercial Properties and saw the decline of her fortune to HKD 470 million (USD 60.63 million)
She has a share in Talent International Film Co. Ltd., and she lost about RMB 112 million (USD 18 million).
It was revealed that half of the approximately 2,800 companies listed on the Shanghai and Shenzhen exchanges suspended trading to avoid further loss.
Watch Zhao Wei's Tiger Mom: