The day before yesterday, a “mola fish” appeared in Tuen Mun, when the Hang Seng Index once fell below 20,000 points, and was dubbed by netizens as a symbol of the stock market crash, because of its scientific name “Mola Mola”, which is similar to retail investors “Wola Wula”. However, the market closed at 20,000 points on Monday, and retail investors thought they were relieved.
Unexpectedly, the real bad omen is still to come. Yesterday, the Hong Kong stock market closed at 20,000 points. Coincidentally, TVB replayed the classic drama “Heaven and Earth Man” starring Qiu Guan, and it was broadcast until the end of June. Autumn official effect” (Adam Cheng effect), “This shop is really five poor and six unique”!
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“Autumn official effect” can affect US stocks across the ocean
The “Qiuguan Effect”, also known as the “Ding Crab Effect”, refers to the fact that every time a drama series starring Zheng Shaoqiu is broadcast anywhere, the stock market will fluctuate to varying degrees. At first, it was limited to “The Great Times”. After the broadcast that year, the Hang Seng Index fell by 20% within a month. Later, after repeated rebroadcasts and even new dramas appeared, the stock markets around the world would fluctuate slightly. The “autumn official effect” is the same as a law in Hong Kong , the impact is not limited to Hong Kong. Even if Hong Kong Airport continues to be rated as “disappearing on the map” due to the “circuit breaker mechanism”, the “autumn official effect” will not disappear, and it can even affect US stocks across the ocean. Take last night as an example. The index fell by more than 800 points, and even the “Elon Musk effect” could not stop the autumn official, TWTR and TSLA both fell.
The more tragic the ending, the greater the decline
According to statistics from Li Fang many years ago, from 1992 to 2003, when the autumn official drama was broadcast, the stock market fell by about 0.1% to 25%. The “Qiuguan Effect” has witnessed one market after another crash. The Asian Financial Crisis in 1997, the bursting of the Internet bubble in 2000, the global financial crisis in 2008, etc., all have Qiuguan figures.
The degree of the “Qiuguan effect” will vary in different episodes, but the “power” of “Heaven and Earth Man” cannot be ignored this time, so the drama is played by Qiuguan, and the theme song “Never Give Up” is also sung by Qiuguan. , After the play, Qiuguan also released the album “Heaven and Earth Man”, which included 11 songs, the first tragic for retail investors, such as “Man Has No Tears”, “Heart Rain” and so on.
Traditional Wisdom “Five Poverty and Six Wonders”
However, even without Qiuguan, the conventional wisdom of “five poor and six absolutes” comes to a similar conclusion. “Five poor and six unique” is a trend conclusion drawn by analysts in the last century with reference to the performance of the Hang Seng Index over the past 20 years. It is said that the hit rate is 70%. Furthermore, Hong Kong stocks have been slumping in recent years, as you know, I know the one-eyed man, seeing the official media supporting the A-share market, the stock market is still lacking confidence, the market is worried about the prospects of China’s economy, and the negative factors of international politics have not disappeared, you know this. In two months, how much confidence the market has in the rebirth of Hong Kong stocks.
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