Cheung, who turns 41 in March, met 42-year-old Tsang while hosting the television show "Living Up" in 2008.
Just last year, Cheung, who was co-habiting with Tsang, said that their relationship was "stable" and that she "would not rule out marriage" when the time is right.
However, Hong Kong media reports recently claimed that the pair had apparently called it quits. Cheung was forced to move out from Tsang's luxury residence at Repulse Bay and live with her younger sister's family.
The reason for their separation is rumoured to be Cheung's bad temper. Many said Tsang could not put up with Cheung's behaviour and ended their relationship.
Cheung's close friend claimed Cheung's bad temper could have been the result of the rare Grave's Disease which Cheung contracted five years ago. The autoimmune disease can result in an overactive thyroid which makes the sufferer irritable.
Cheung, a finalist in the 1994 Miss Hong Kong pageant, carved out a name for herself with roles in the Hong Kong drama serials "Old Time Buddies" and "One Good Turn Deserves Another" in the mid 90s.
She went on to appear in numerous television shows but had took a two-year break from the entertainment scene after being diagnosed with Grave's Disease in 2005.
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