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Hong Kong actor Adam Cheng says stock market influence is just fiction

'Ting Hai effect' actor says his shows can't really be blamed for stock falls

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Oliver Chou
Adam Cheng in 1992's The Greed of Man, which has been linked to declines in the stock market. Photo: SCMP Pictures
Adam Cheng in 1992's The Greed of Man, which has been linked to declines in the stock market. Photo: SCMP Pictures
While legendary Hong Kong actor Adam Cheng Siu-chow's role in the 1992 TVB soap opera The Greed of Man may have been a tour de force, neither the actor nor the show are any kind of a market force, Cheng says.

"It just can't be true, but I am used to it now," Cheng said in an exclusive interview with the South China Morning Post.

The 68-year-old actor has been a household name for more than half a century. An accomplished singer and dancer, as well as an actor, Cheng has held leading roles mostly in TVB productions since the 1970s, and also at ATV in the 1980s.

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But none was as "evil and dark" as his portrayal of Ting Hai in the 40 episodes of The Greed of Man during the autumn of 1992. The drama told the story of the rise of an uneducated young man through betrayal and corruption. At the end, protagonist Ting paid the price in the derivatives market and lost everything, including his four sons who, at their father's order, jumped off the roof of the stock exchange building.

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"I had some hesitation with the script, and my wife was plainly opposed to it. But in the end I went ahead with it because I believe there is a sinister side in human nature," Cheng said.

The gruesome ending was the talk of the town and came to be seen as a curse when the Hang Seng Index lost more than 1,200 points, or 20 per cent, within a month after the series. In what has become known as the Ting Hai effect, observers point to sudden, unexplained declines in the stock market when a Cheng programme or film is released.

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