Summary
Since the premiere of The Greed of Man, virtually every time Adam Cheng has starred in a new television show, the Hang Seng has tanked in what has now become known among traders as the "Ding Hai Effect." Some people really think that a new Adam Cheng show will mysteriously tank the stock market, so they take pre-emptive action by selling off before the crash. This, of course, touches off an actual crash, making the Ding Hai Effect a self-fulfilling prophecy. If that is the case, then the Ding Hai Effect is indeed a real thing, not because of some weird quality of Adam Cheng television shows, but because people can be strange and panicky herd animals -- especially when financial investments are involved.
See the full content of this document
Extract
Buy Low, Sell Hai
In 1993, Hong Kong television channel TYB premiered The Greed of Man, a 40-episode drama about a villainous fellow named Ding Hai who beat his best friend to death, touched off a murderous family vendetta, unexpectedly ma...
See the full content of this document
Sponsored links
