The speculation came after news of Huang was embroiled in stock price manipulation controversy last year.
After six years of courtship, the couple tied the knot in 2015 and had a baby in 2017.
They first met through a mutual friend in 2009 at a karaoke bar.
Their wedding was attended by 600 people including prominent guests such as Ni Ni, Li BingBing, Wang Jianlin and Jack Ma.
Huang proposed to Angelababy in the United States with a Chaumet Josephine Aigrette Imperiale ring and it is worth over $8 million dollars.
He also surprised Angelababy on her 25th birthday with flowers and a HK$2.3 million Lamborghini.
Before dating Huang, Angelababy was in a four-year relationship with celebrity William Chan.
She was also linked to K-pop star G-Dragon.
Huang announced their wedding by posting their marriage certificate on Weibo.
The couple registered for marriage and had a civil ceremony in his native Qingdao.
They both can be seen on-screen together in a romantic film called ‘Crimes of Passion’.
Angelababy and Huang Xiaoming were seen leaving an event separately recently which further sparked the rumours.
Angelababy’s management company refuted the rumours saying that it was impossible and definitely fake.
Huang himself replied to a fan directly on Weibo to put a stop to the rumours.
Recently two other high profile couples call it quits in the recent weeks.
Korean Song Joong-Ki and Song Hye-Kyo, known as the Song-Song couple who met on the set of K-drama Descendants of the Sun have filed for divorce.
Chinese actress Fan Bing Bing and Li Chen also announced that they are splitting up.