Stars make huge profits from stock market increase

Celebrities are among those making massive profits from the frenzied trading on China's stock exchanges that has seen share prices soar in recent months.

Actress Zhao Wei, nicknamed "China's show business Buffett" by the media, has gained 470 million yuan ($76.1 million) in less than six months from an investment in Hong Kong-listed Alibaba Pictures Group, an entertainment company backed by e-commerce giant Alibaba, according to a Hong Kong exchange filing.

The 39-year-old and her tycoon husband, Huang Youlong, bought a 9.2 percent stake in the company for 2.48 billion yuan at an average price of 1.3 yuan per share in December.