Monday, July 4, 2011

The Ting Hai Effect

"The Ting Hai Effect, Adam Cheng effect or Chiu-Koon effect is a peculiar stock market phenomenon. The phenomenon is observed that whenever Hong Kong actor Adam Cheng stars in a new television show, there is a sudden and unexplained drop in the stock market. This is still a popular topic amongst stock brokers, years after the drama series Greed of Man was broadcast in Hong Kong in October 1992. The effect is named after Ting Hai (丁蟹), the main antagonist of the show, played by Cheng himself.

This strange phenomenon also created a career trough for Adam Cheng in Hong Kong during the 1990s, for the two over-the-air television stations in Hong Kong avoided using Cheng for its dramas, partly (if not completely) because they did not want to bear responsibility for a stock market crash."

I feel sorry for him...