Pure coincidence? Hong Kong drama The Great Era replayed in Taiwan and backstage stocks plummeted as investors looked forward to a miracle day.
Quick Look
- In 1992, the Hong Kong drama "Big Time" was re-broadcast on Taiwan's Channel 4.
- It attracted attention due to the coincidence of the "Ding Crab Effect" and the Taiwan stock market plummeting by more than 20% in the past month, with a difference of more than 12,000 points.
- The Hong Kong stock market crash in the drama is similar to the current situation.
AI-generated summary
Why It Matters
When "Big Time" was released in Hong Kong in 1992, the Hong Kong stock market plummeted 20%. According to statistics from investors, since October 1992, the stock market has dropped significantly 33 times after the broadcast of Zheng Shaoqiu's TV series or programs, thus forming the "Ding Crab Effect" or "Qiu Guan Effect."
During the broadcast of "Big Era" that year, the Hong Kong stock market fell by nearly 20%, and the "Ding Crab Effect" spread. (Courtesy of the Times)
Zheng Shaoqiu's "Ding Crab Effect" has worried investors. (Picture taken from Weibo)
[Reporter Chen Yongji/Report from Taipei] The Hong Kong drama "Big Era", which was released in Hong Kong in 1992, was re-broadcast on Taiwan Channel 4 in the past month. Due to the so-called "Ding Crab Effect" in the drama, it often caused the stock market to crash. In the past month, Taiwan's stock market plummeted from the highest point to yesterday's lowest point, with a difference of more than 12,000 points and a drop of more than 20%. Many coincidences make people really have to believe it.
When Big Time was released in Hong Kong, the Hong Kong stock market plunged 20%, and according to statistics from investors, since October 1992, as soon as Zheng Shaoqiu's TV series and programs were broadcast, the stock market dropped significantly as many as 33 times. Therefore, the "Qiu Guan Effect" or "Ding Crab Effect" is equated with the stock market decline. Investors have calculated the correlation between Zheng Shaoqiu's new dramas or reruns of old dramas and the stock market decline, and believe that they have been tried and true.
The recent big story in Taiwan is the stock market crash in the Hong Kong stock market. Ding Xie's family made huge profits by shorting futures. Then the war in the Middle East reappeared, the United States sent troops, and the current situation 34 years later was copied and pasted. However, the drama has recently come to an end, and the final chapter will be broadcast next Monday. I hope that Taiwan stocks can also escape the curse of the "Ding Crab effect".
The content of the last episode of the Great Era is roughly that the United States withdraws its troops and three Hong Kong tycoons declare their support for Hong Kong stocks. Therefore, after falling for four days in a row, the Hang Seng Index soared 3,600 points, setting the largest increase in the Hang Seng Index. It is the so-called "Miracle Day". Nowadays, the National Security Fund in Taiwan stocks is expected to enter the market to support. As for whether the war in the Middle East will also come to an end, let Taiwan stocks have a big miracle day. Investors stay tuned.
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What to Watch
AI outlook — possibilities, not facts
Taiwan stocks may rebound after the finale of "The Great Era" airs
Possible · Within days
Open Questions
- When will Guoan Fund enter the market?
- Will the war in the Middle East end as in the play?
- Will Taiwan stocks rebound on a "miracle day"?
