Li Xiang invest $99 Million to save Mango TV after Alan Yu Menglong case shakes shares

Li Xiang is rumoured to have injected USD 99M to stabilise Mango TV shares after Yu Menglong’s death, though no official confirmation has been made.
Hunan TV Veteran Li Xiang Dragged Into Yu Menglong Case as Rumours Swirl Over USD 99 Million Lifeline
Mango TV’s Market Shock: Li Xiang Allegedly Steps In with Massive Fund Injection Amid Yu Menglong Controversy

The mystery surrounding actor Alan Yu Menglong’s tragic death continues to ripple across Chinese social media — and now, veteran presenter Li Xiang has somehow found herself in the middle of the storm.

Over the past few weeks, netizens have been speculating and sharing supposed evidence that Mango TV (Hunan TV), the major broadcaster under Mango Excellent Media, suffered a major financial dip following the controversy tied to Yu Menglong’s passing. 

The late actor had reportedly been managed by Tianyu Media, one of Mango’s subsidiaries — and since his death, whispers about corporate instability and executive resignations have kept the internet buzzing.


💸 The USD 99 Million Lifeline Rumour

Fuel was added to the fire when online posts began circulating that Li Xiang — a long-time face of Hunan TV and one of its most recognisable hosts — allegedly injected 700 million yuan (around USD 99 million) to help stabilise Mango TV’s stock performance.

The supposed “bailout” quickly went viral, prompting floods of comments on Li Xiang’s social media accounts. 

Many users recalled her strong ties to the station from her hosting days and wondered whether she still had business links to the company. 

Others, however, dismissed the rumours as baseless internet chatter.


🌍 Timing and Public Buzz

Interestingly, before her name became entangled in these rumours, Li Xiang had just returned from abroad after celebrating her daughter Wang Shiling’s birthday

Photos from the event had already sparked attention online — with fans commenting on her new look — before talk shifted dramatically to her alleged role in Mango TV’s behind-the-scenes drama.


🕵️‍♀️ No Confirmation Yet

As of now, neither Li Xiang nor Mango TV (or its parent Mango Excellent Media) has made any official comment regarding the supposed fund injection.

All details surrounding the alleged USD 99 million “rescue” remain unverified, circulating mainly across social media forums and gossip boards. 

Until an official statement surfaces, it’s fair to say this remains yet another layer in the ongoing swirl of online speculation surrounding the Yu Menglong case and its ripple effects on China’s entertainment industry.

Source: Star EBC

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