The TV show that makes a stock market drop – CNBC.com
The local stock market promptly plunged 20 percent over the following few weeks, kicking off a phenomenon called the “Adam Cheng effect” or “Ting Hai effect.”In the two decades since, nearly every time the 68-year-old Cheng has appeared in a movie or television show—which has been more than 30 times—the Hang Seng declined.Most recently in 2013, the index fell nearly […]
