Shanghai Bourse Bans Film Star, Highlighting Celebrity Crackdown
- Zhao Wei blocked from top roles in listed names for 5 years
- Penalties widen punishment for irregularities in 2016 takeover
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The Shanghai stock exchange expanded its punishment of Chinese actress Zhao Wei over irregularities related to a failed 2016 takeover bid, underscoring the widening scrutiny of the finances of wealthy celebrities in the country.
Zhao, who has served on a jury at the Venice Film Festival and owns a wine chateau in Bordeaux, is prohibited from acting as a senior executive for any listed companies for five years, the bourse said in a statement Tuesday.