Chinese actor Li Yapeng and wife move from villa to apartment amid financial struggles

With Li away on business, Jinxi handled the entire move by herself, Henan TV reported Tuesday. "The size of the home does not matter, what matters is the warmth inside," she said.

Their daughter was reportedly upset about leaving the villa, but Jinxi comforted her by highlighting the positive aspects of their new living environment.

In 2023, Li revealed he was struggling financially due to a failed real estate investment that left him 40 million yuan (US$5.8 million) in debt. He was subjected to court enforcement but later negotiated a repayment schedule with creditors. He also reportedly owes wages to several employees at his company.

Chinese actor Li Yapeng, his wife Ha Ha Jinxi and their daughter. Photo from Weibo

Li now earns most of his income through livestream sales, often working long hours and sleeping only three to four hours per night, according to Sina. He has described himself as a "failure," admitting that he overestimated his abilities and lacked business judgment.

Jinxi has also turned to livestreaming to help repay Li’s debts. Though Li initially opposed the idea due to concerns about public scrutiny, she insisted on working. "Life is like this. Whether we do something or not, people will still talk. We might as well ignore it," she told him.

Once one of China’s top actors, Li, 54, rose to fame through roles in TV dramas and films such as "Legend of the Condor Heroes (2003)" and "Eternal Moment (2011)."

He left acting in 2011 to pursue business. Li was previously married to Hong Kong pop diva Faye Wong, with whom he has a 19-year-old daughter. The couple divorced in 2013.

Li and Jinxi married in 2022 and have a two-year-old daughter together.

Jinxi, 35, gained attention after competing in the Miss World China contest in 2011 and later worked as a model. She also appeared in minor roles in dramas and films including "Yihai Alliance," "The Flower Blooming in the Moon," and "Under the Skin."