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5th August 2025 – (Shanghai) Chinese actress Zhao Wei, who has been labelled a “disgraced artist” in recent years and has largely disappeared from the public eye, has recently encountered further legal issues. According to the National Enterprise Credit Information Publicity System, a court has frozen her shares amounting to 16 million RMB (approximately HK$17.49 million) for a period of three years.
The freezing order was issued by the Dongcheng District People’s Court in Beijing and pertains to three companies owned by Zhao Wei. The frozen amounts for these companies are 1.9 million RMB(about HK$2.07 million), 5 million RMB (approximately HK$5.46 million), and 9 million RMB (around HK$9.84 million) respectively.
Zhao Wei’s troubles are not new; in 2014, she and her ex-husband Huang Youlong faced scrutiny from the China Securities Regulatory Commission due to a highly leveraged acquisition of the publicly listed company Wanjia Group. This transaction, involving a 50-fold leverage, led to significant fluctuations in the company’s stock price. As a result, Zhao Wei, her husband, and their company, Longwei Media, were fined and banned from entering the stock market for five years. The couple announced their divorce in 2021.
This latest court ruling is not the first time Zhao Wei has been embroiled in share freezes. In April 2021, shares held by her in Wuhu Dongrunfa Investment and other companies were also frozen due to a dispute related to a guarantee contract with China Minsheng Trust, involving an amount of 10 million RMB (approximately HK$10.93 million).