Actress Fan Bingbing's tax probe sinks Chinese movie stocks

X-Men star accused of hiding income with dual contracts

20180605N Fan Bingbing

Chinese actress Fan Bingbing, who appeared in "X-Men: Days of Future Past." TV host Cui Yongyuan accused her of hiding income to avoid taxes.

DAISUKE HARASHIMA, Nikkei staff writer

DALIAN, China -- Investors panned China's film stocks on Monday in the wake of tax evasion allegations against one of its most famous actresses and an investigation that could widen the scandal.

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