Caixin
Aug 14, 2018 08:04 PM
FINANCE

Top Actor in Spotlight Over Trading Account Used for Stock Manipulation

Huang Xiaoming and his wife Angelababy sing at an event in Beijing on Jan. 20. Photo: VCG
Huang Xiaoming and his wife Angelababy sing at an event in Beijing on Jan. 20. Photo: VCG

Huang Xiaoming, half of China’s top celebrity power couple, has been caught up in a scandal over stock manipulation, the latest star to hit the headlines for the wrong reasons.

Although there is no evidence that Huang was involved in the pump-and-dump scheme revealed by the stock market regulator in July, it has emerged that one of the 16 accounts used to trade and manipulate prices belonged to him. The news has lit up the gossip pages of the internet and once again put the spotlight on the financial activities and wealth of the country’s celebrities.

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