The effect of HK TV series “The Greed of Man”

If you live long enough like myself.  You may watch this TV series before production from Hong Kong.  The story line relates to greed of man in stock market. Especially when Hang Seng shoot up and crashed during the 1980s. 

Ironically, only among Hong Kong Chinese, Malaysian and I am not sure if other part of Asia does have this impact.   Whenever this TV series replay.  The entire retail force in the market is scare and sell off.  Sometimes I discovered even fund managers are avoiding period of agressive buying when this TV series replay.

It is not a coincident but now developed become a perception.   When Hang Seng risen from 24,000 to 28,000.  TVB replay the show at night and achieved a record audience for the time slot even 2015.  Malaysian Chinese retail players will rumour among themselves and stay away from the market.

Personally I think is a joke. But it does impacted the market not just once or twice. Many time until I loss count.  Asia is truly different with its unique investment culture.

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