Hong Kong Sudden Weekly magazine reported that the actress had threatened to kill herself and the children, not once but twice.
It said the first time happened three years ago when the sex photos of her and Edison Chen were leaked to the media.
Then, Cecilia brought Lucas - the elder son - to Thailand, where Nicholas was shooting the Storm Warriors II, in April 2008.
She kneeled down in front of her husband and begged for forgiveness.
She also screamed that if Nicholas did not forgive her, she would rather die and ran towards the balcony of his hotel room carrying Lucas in her arms.
The second incident happened early this year when the actor refused to give the wife HK$50mil (RM19.4mil) to buy two luxury homes.
The furious Cecilia sent a test message to the husband, saying: "I will disappear with the two sons, you will regret!"
An insider said Nicholas had asked his friends if Cecilia loved him or his money.
It was reported that since they got married, Nicholas had transferred some 70 per cent of his assets to the wife, as demanded by her.
Senior entertainment reporters Eileen Cha Siu-yan, who is a close friend of the Tse family, said Nicholas had been very tolerant of Cecilia's demands for the sake of the children.
Nicholas, whose father Patrick and mother Deborah Lee divorced when he was 15, did not want the children to suffer the same misery as him.
But it appears that Cecilia is never satisfied.
After the in-flight incident last month, Nicholas had given up hopes on his marriage.
Although he had taken three days off from shooting Against War, and had initially planned to spend them with Cecilia on her birthday, he decided to stay back in Malaysia.
The fuming Cecilia again, sent a threatening message to Nicholas, saying: "I want a divorce!"
Losing his patience, Nicholas threw his phone on the ground and agreed to the split.
Realising that she had dug a hole for herself, Cecilia immediately stormed the husband's cellphone with tons of SMSes.
She also hinted to the media that she was pregnant with the third baby in an attempt to reconcile the relationship but he ignored all the news and did not answer her calls.
A Hong Kong magazine also reported that Deborah was unhappy with the daughter-in-law because her son had to even take care of her family - her parents and two brothers.
Nicholas had wanted to save up for the children and buy a home for Lucas but the idea was rejected by Cecilia.
Instead she had made him spent at least HK$20mil (RM7.8mil) on the Cheungs.
The couple, both 30, was spotted without their wedding rings recently.
The family has also separated. Cecilia and Lucas have moved into their new rented home while Quintus - the younger son - lives with Deborah.
According to latest news reports, the couple would sign the separation documents on Monday.
But some people have doubts over the speculations as Monday is the Duanwu Festival (Dragon Boat Festival), which is a public holiday in Hong Kong.
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