After a mad run in the last few weeks, Hong Kong’s stock market is bracing for a crash landing – all the moreso now that a certain TV series, widely considered to be an infallible omen for a bear market, has popped up again on repeat. In the perfect synergy of Hong Kong’s obsessions with money, celebrity and, err, feng shui, the 90s stockmarket drama “Greed of Man” is believed to herald a downturn on the city’s bourse every time it appears. Wikipedia explains:
“The Ting Hai effect, also known as the Adam Cheng effect, is a stock market phenomenon in which there is a sudden and unexplained drop in the stock market whenever a film or a television series starring Hong Kong actor Adam Cheng is released.[2] It still remains as a popular topic among stock brokers, years after the television drama The Greed of Man was…
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