Celebrity Allegedly Injects USD 99 Million to Save TV Network Shares Plummeting Amid Yu Menglong Case

Timotius Ario

LayarHijau – The death of actor Yu Menglong, which occurred over a month ago, continues to stir waves of conspiracy theories on social media. Following Fan Shiqi and Song Yiren, senior celebrity Li Xiang is now again dragged into the spotlight, as her name is linked to the major broadcasting company Mango TV (Hunan TV), reportedly affected by the controversy.

Several netizens have commented that Mango TV, which had previously been accused of involvement in the Yu Menglong case, has experienced a sharp decline in its stock value in recent weeks. The alleged connection arises from reports that Yu Menglong was under the management of Tianyu Media—a subsidiary of Mango Excellent Media, the parent company of Mango TV. After the actor’s death, the media group’s shares reportedly fell, and several executives resigned from their positions, fueling speculation about a possible link between the tragic incident and internal corporate turmoil.

Amid these rumors, news emerged suggesting that Li Xiang, a former prominent host at Hunan TV, allegedly injected funds amounting to 700 million yuan—around USD 99 million—to help stabilize the company’s stock value.

For context, she was once one of the most popular faces on Hunan TV and was known for her extensive network through her career at the station. However, the social media rumors about this “cash injection” have sparked a flood of comments on her personal accounts, with various unverified accusations and speculations.

Interestingly, prior to the issue surfacing, she had just returned to China after celebrating her daughter Wang Shiling’s birthday. Her appearance, which seemed fuller than before, had even become a hot topic among netizens before public attention shifted to her alleged connection to Mango TV’s declining shares amid the Yu Menglong case.

To date, there has been no official statement from Li Xiang or Mango TV / its parent media group confirming or denying the reported 700 million yuan (USD 99 million) cash injection. All information regarding the “fund injection” and alleged involvement of the TV network remains as claims circulating on social media.

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