Gambling In The Hong Kong Stock Market

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The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong.It is Asia's third-largest in terms of market capitalization immediately behind the Tokyo Stock Exchange and Shanghai Stock Exchange, and the fourth single largest stock market in the world.As of 2018, it has 2,315 listed companies with a combined market.

Stock Market Hong Kong

Gambling In The Hong Kong Stock Market
The Greed of Man
大時代
GenreFinancial thriller
Drama
Created byWai Ka-fai
Screenplay byKwan Ching-man
Chan Po-yin
Ng Lap-kwong
Fong Sai-keung
Cheung Lei-lei
Chan Po-wah
Lung Man-hong
Cheung Po-yin
Kwan Ching-wan
Directed byYuen Ying-ming
Yau Nam-lung
Lau Chun-ming
Wong Chun-man
Lam Kin-lung
Fung Pak-yuen
Lin Chi-fan
StarringAdam Cheng
Sean Lau
Yammie Lam
Vivian Chow
Amy Kwok
Bowie Lam
Loletta Lee
David Siu
Damian Lau
Michael Tao
Kenneth Tsang
Opening themeNgo Dik Sang Ming Ngo Dik Ngoi (我的生命我的愛; 'My Life, My Passion') performed by Alan Tam
Sui Yuet Mou Ching (歲月無情; 'Ruthless Life') performed by Adam Cheng
Country of originHong Kong
Original languageCantonese
No. of episodes40[1]
Production
ProducerWai Ka-fai
Running time45 minutes each episode
Release
Original networkTVB Jade
Picture format576i (SDTV)
Audio formatStereo
Original release5 October[2]
27 November 1992
External links
Website
The Greed of Man
Traditional Chinese大時代
Simplified Chinese大时代
Literal meaningThe Great Times
Transcriptions
Standard Mandarin
Hanyu PinyinDà Shí Dài
Yue: Cantonese
JyutpingDaai6 Si4 Doi6

The Greed of Man is a Hong Kong television series first broadcast on TVB Jade in 1992.[1] The story, spanning three decades from the 1970s to the 1990s in Hong Kong and Taiwan, addresses various social and financial phenomena of the times, from triad violence to corruption in the Hong Kong Stock Exchange. It featured a top roster cast, including veteran TVB actors Adam Cheng and Damian Lau and award-winning actor Sean Lau. The series is also well remembered for a Hong Kong stock market cultural phenomenon called the 'Ting Hai effect'.[3]

Plot[edit]

This is the first modern-age TV drama in Hong Kong history, where the story is told in reverse chronological order In medias res. The story starts at present time (in reality, the future: 7 June 1994), where The Day of Big Miracle happened, where the stock market rebounded after the market became volatile and crashed for the weekend. After the stock market stopped trading for the weekend, the Tings make the wrong bet and their entire fortune is wiped out, compounded by ending up in billions of dollars in debt. Ting Hai forces his sons to commit suicide by jumping off from the top of the stock exchange building before following suit himself, at the beginning, Ting Hai's fate was unknown.

1960-1970s[edit]

Gambling In The Hong Kong Stock Market Exchange

Ting Hai and Fong Chun-sun were childhood friends. Ting is a stubborn, uneducated and pathologically self-righteous brute who imagines himself to be a living kong-woo hero, while Fong is an honest, cultured and refined leader of the Asian Stock Exchange. Fong is pressured by some of the most powerful and corrupt bureaucrats in Hong Kong to control the stock market. Immigration officers, police chiefs and government officials all attempt to cash in. Fong manipulates the market such that no one could touch him. The stock guru Yip Tin describes the event as a battle to seize control of the 'Mandate of Heaven'.

Fong develops strong feelings for Ting's girlfriend Lo Wei-ling, and becomes Ting's rival for her affection. In a fit of fury over Lo's disaffection, Ting cripples Fong, and later, during an ill-advised attempt at reconciliation, kills him. Without Fong's moderating influence, the 1973 stock market crash forces many people into extreme poverty, including Fong and his family. Stock manipulation is one justification for the creation of the Hong Kong Independent Commission Against Corruption (ICAC) in February 1974.

1980s[edit]

Ting Hai flees to Taiwan, where his unabatedly violent behaviour lands him a 14-year prison sentence. Back in Hong Kong, Ting's four sons manage to build a powerful triad in their father's absence. The four brothers blame the Fong family for separating them from their father, and they harass them unrelentingly. The eldest son, Ting How-hai, replays his father's relationship with Lo Wei-ling on one of the Fong sisters, and is driven to violence when she rejects him. Ting Hai returns to Hong Kong and is convicted of murder, but is pardoned using a forged certification of terminal illness. All of Fong Chun-sun's three daughters are brutally killed, while Fong's only son, Fong Chin-bok, manages to survive and escape to Taiwan. With help from his two girlfriends, Fong strikes a fortune by gambling on the stock market (not by investing, but via an indirect gambling method) and returns to Hong Kong to avenge his family. At the same time, the Ting family's wealth and power have increased to incredible proportions via the stock market due to sheer luck in the 1987 bear market.

1990s[edit]

The final showdown between the Tings and Fongs is inspired by the backdrop of a war in the Middle East in 1994. Fong Chin-bok's investment company faces the Ting family in a winner-takes-all, last-man-standing stock market epic battle. To raise the stakes, the Tings are financed by international criminal syndicates. Fong wins the support of three of Hong Kong's wealthiest tycoons, who want to return the favour as they built their financial empires with help from Fong's father back in the 1960s. The stock market rises and falls correspondingly with news of American forces entering or withdrawing from the war. Eventually, the Tings make the wrong bet and their entire fortune is wiped out, compounded by ending up in billions of dollars in debt. Ting Hai forces his sons to commit suicide by jumping off from the top of the stock exchange building before following suit himself, but he survives and spends the rest of his life in prison.

Cast[edit]

Ting family[edit]

CastRoleDescription
Lai HyunHo Chin
何賤
Ting Hai's mother. She is old and has health problems. As she was the wet nurse for the Fong family, she always sees the Fongs as her extended family, despite the rivalry between the two families.
Adam ChengTing Hai
丁蟹
Used to have a net worth of HKD$5 billion through catering, entertainment, stock and property speculation and ended up with debts double of his fortune after making the wrong bet in episode 40.

A stubborn, uneducated and pathologically self-righteous brute who solves his problems through violence and intimidation. He is not exactly intelligent, but has amazing streaks of luck. He pushed his four sons off the stock exchange building in the last episode, a scene also shown in media res at the first episode.

He and his family became rich after reaping in profits of HKD$2 billion speculating in Futures contracts during the Black Monday (1987) stock market crisis and over the next 7 years until 1994, they were also involved in money laundering for drug lords in numerous countries leading to a HKD$5 billion fortune.

David SiuTing How-hai
丁孝蟹
First son of Ting Hai and the boss of the Ting family triad. He is considered to be the most compassionate of Ting Hai's sons. He becomes cold and ruthless later. The character is based on Crying Freeman.[4]
Michael TaoTing Yik-hai
丁益蟹
Second son of Ting Hai, who's cruel, vulgar, lascivious and unforgiving triad member.
Ng Kai-mingTing Wong-hai
丁旺蟹
Third son of Ting Hai. A smart but corrupted lawyer who spends his time making money through unscrupulous means.
Derek KokTing Lei-hai
丁利蟹
Fourth son of Ting Hai, and an unethical doctor.
Ho Chin
Ting Hai
Ting How-haiTing Yik-haiTing Wong-haiTing Lei-hai
Market

Fong family[edit]

CastRoleDescription
Damian LauFong Chun-sun
方進新
A premiere stockbroker who attempts to rid the stock market of corruption. His first wife is killed by a car driven in the wrong direction near a supermarket. He raises his four children with the help of Ting Hai's mother.
Yammie LamLo Wai-ling
羅慧玲
Ting Hai's ex-girlfriend. She seeks protection from Fong Chun-sun after discovering Ting's brutal ways. She helps Fong raise his children like a stepmother, even though she is only a few years older than them. She is driven insane eventually after witnessing the destruction of her family at the hands of the Tings.
Sean LauFong Chin-bok
方展博
Fong Chun-sun's only son. He enjoyed a privileged childhood when his father started off a wealthy man. However, he falls into despair and idleness after his father's death and his family's descent into poverty. When he returns to financial stability, he becomes an aggressive stock holder and vows to avenge his family.
Ng Wing-hungFong Fong
方芳
Fong Chun-sun's eldest daughter. She is emotional but clear-minded. She is the most 'ordinary' of the Fong siblings, but is overwhelmed by events beyond her control.
Loletta LeeFong Ting
方婷
She is beautiful and intelligent enough to earn a good life for herself. Unfortunately, she falls in love with Ting How-hai, the son of her father's murderer and a triad boss. She realises her mistake and tries to end her relationship with Ting, but is unable to escape the disastrous consequences.
Carol YeungFong Man
方敏
The youngest of the Fong siblings. She is the brightest and most innocent of the four. She commits suicide by jumping off a building after being raped by Ting Yik-hai, who promptly had the incident publicised.
Fong Chun-sunLo Wai-ling
Fong Chin-bokFong FongFong TingFong Man

Others[edit]

Kong
CastRoleRelationsDescription
Vivian ChowYuen Mui
阮梅
Fong Chin-bok's love interestShe is a neighbour of the Fongs and witnesses their joys and tribulations. She is sweet, down-to-earth, pure and faithful, but extremely frugal in spending, but it was revealed that she did it all for her medical costs as she and her family suffered from congenital and hereditary heart problems. Her frugal ways is based on the drama's script writer.
Amy KwokLung Kei-man
龍紀文
Fong Chin-bok's love interest; Lung Sing-bong's daughterShe meets Fong by chance and fall in love with him. She is emotional, impulsive, educated and smart. She is a clear contrast to Yuen Mui, her opponent in the love triangle, until she left him after assuming he killed his father.
Kenneth TsangLung Sing-bong
龍成邦
Lung family patriarchUsed to have a net worth of HKD$400 million

A corrupt sergeant-major in the Royal Hong Kong Police Force. He flees to Taiwan in 1973 to escape from Hong Kong stock market corruption charges. He died from a heart attack on 'Miracle Day' (7 June 1994) knowing the stock spiked up when he helped Fong to sell all his stocks, to Yuen Mui and Fong Chin-bok's excitement.

Kong NgaiChan Man-yin
陳萬賢
Chan To-to's fatherUsed to have a net worth of HKD$2 billion before ending up with debts worth billions and hanged himself in Stanley Prison on 'Miracle Day' (7 June 1994).

Founding leader of the Asian Stock Exchange, who is utterly corrupt and ruthless. He has good stock instincts but not skilled or lucky enough to compete with the Fong and Ting families.

Bowie LamChan To-to
陳滔滔
Chan Man-yin's illegitimate sonA stock market expert who unseats his father from the stock exchange leading position. He leaves New York and returns to Hong Kong after the Fong family is murdered and swears vengeance.
Law Lok-lamYip Tin
葉天
Fong family friendAn honest stock market guru, who fantasizes about being the god of Wall Street. He is the right-hand man of Fong Chun-sun during the 1960s and becomes the mentor of Fong's son in the 1980s. He has the right formula to winning the stock market, but is mentally unstable.
Lau KongChow Chai-sang
周濟生
Lung Sing-bong's old close allyUsed to have a net worth of HKD$300 million before being assassinated by gangsters on 'Miracle Day'(7 June 1994) in Taiwan.

A drug cartel chief and highly respected elder of the triad community. He escapes to Taiwan together with Lung and falls from power. He has an unusual penchant for Hangzhou cuisine.

Reception[edit]

The first episode of The Greed of Man starts in medias res with Ting Hai hurling his four adult sons from the top of the stock exchange building after losing his fortunes in the stock market. Upon the show's initial run in 1992, the audience found the scene so disturbing that the resulting torrent of complaints forced TVB to make several adjustments to the programme. The drama was moved from the 7 o'clock timeslot to the 9 o'clock timeslot after the first week of airing, and several sensitive scenes were cut. Scenes that have been edited out include Ting Hai trying to wash blood off his hands with his own urine, the rape and suicide of Fong Man, and the triads throwing the remnants of the Fong family down from the roof.[5] No domestic version, including later reruns and VHS and DVD releases, contains the full unedited The Greed of Man; however, the North American VHS version, being shipped before the programme was aired and edited in Hong Kong, is considered to be the complete uncut version.[6]

The April 2015 rerun, aired after a massive spike in the Hang Seng Index, drew an average of 360,000 viewers, a record for late night television in Hong Kong. The controversial opening scene itself drew 410,000 viewers. Young viewers watching the classic soap opera for the first time dubbed it a 'divine drama' (神劇, meaning a highly acclaimed drama) on social media.[7] The rerun won the 'Most Popular Classic Drama Serial' award in the 2015 TVB Anniversary Awards.

Legacy[edit]

Ting Hai effect[edit]

The series, which centers on the bustling stock market during the early 1990s, has been studied by international stockbrokers for its peculiar effect on the global stock market trend. A phenomenon is observed, that whenever a television drama starring Adam Cheng, the actor for the character Ting Hai, is aired, the stock market will drop for unexplainable reasons.[8] In 1992 when the series made its debut, the Hong Kong stock market dropped by 1200 points in one month. In 2009 when Cheng starred in The King of Snooker, the Hang Seng Index fell by 600 points again.[2]

The actual 'Day of Miracle'[edit]

Because the ending date of the drama was set in the future, in 1994, when it did happen, the stock market was also in the middle of a skid.

The 'Days of Miracle' happened of sorts on 4 January 1994, Heng Seng Index closed on a then-historical high of 12,201, by 23 January, it fell to 6967.5, almost halving the value. On 7 June 1994, the day of the fictional miracle, Heng Seng Index closed at 9,247.9, down 135.1 from the Friday before (4 June, at 9,383).

Others[edit]

Sean Lau's character Fong Chin-bok was involved in a love triangle with Yuen Mui and Long Kei-man, played respectively by Vivian Chow and Amy Kwok. Fong married Yuen eventually in the series before she was presumed dead from her heart conditions, but in reality, Lau dated Kwok and married her in 1998, and they were encouraged by Chow to become a couple after the filming.[9] Amy Kwok has not been acting since 2006.

Yammie Lam, who played Lo Wei-ling, became mentally unstable like her character in the series. The Hong Kong media has since speculated that she has been possessed and cannot get out of her role.[10] In September 1998, Lam lost control of her car while driving at Repulse Bay, and was admitted into hospital. Her mental illness was announced in the following year.[10]She alleged to be sexually harassed by two renowned seniors in the industry (Eric Tsang and Alan Tang (d. 2011)), and died on 3 November 2018, having died a few days prior. She was killed from slipping in the bathroom in her flat in Stanley, Hong Kong.[citation needed]

Future film director Derek Kwok was so inspired by a quote spoken by the actor Law Lok-lam in episode 8 that he quit his original job as a graphic designer and started to study screenwriting in order to become a director.[11]

Sequel[edit]

In 2000, TVB's rival station ATV produced Divine Retribution, as a sequel to The Greed of Man. Both its Chinese and English titles, as well as its characters, were modified to avoid association with The Greed of Man. It was directed by Wai Ka-fai and featured Adam Cheng and Sean Lau.

Gambling In The Hong Kong Stock Market Holidays 2020

See also[edit]

Gambling In The Hong Kong Stock Market

Hong Kong Casinos

References[edit]

  1. ^ abDianying.com. 'Dianying.com.' The Greed of Man. Retrieved on 2009-08-11.
  2. ^ abSina.com. 'Sina.com.' 香港股市現“丁蟹效應” 鄭少秋喊冤:股民又賴我. Retrieved on 2009-08-11.
  3. ^Sina.com. 'Sina.com.' 丁蟹效應累恒指瀉663點. Retrieved on 2009-08-11.
  4. ^'娛樂蘋台 - 即時新聞 - 20150421 - 【狂煲大時代】「孝蟹」邵仲衡炒股過來人「似食鴉片,始終輸凸」'. Apple Daily. Retrieved 29 May 2015.
  5. ^'秋官激讚藍潔瑛好戲 韋家輝憶首播狂收投訴 剪掟落街戲'. olmingpao.com.
  6. ^'丁蟹吊頸自殺 方敏跨窗跳樓曝光網民要求還原《大時代》足本'. mingpaoweekly.com.
  7. ^'Rerun of TVB stock market soap Greed Of Man draws record ratings, Hang Seng index rises'. straitstimes.com.
  8. ^Big5.Chinanews.com. 'Big5.Chinanews.comArchived 2012-07-07 at Archive.today.' 何謂“丁蟹效應”. Retrieved on 2009-08-11.
  9. ^HKHeadline.com. 'HKHeadline.com.' 結婚10年屢傳不育 與郭藹明助養孤雛 劉青雲拒談生育大計. Retrieved on 2009-08-11.
  10. ^ abSina.com. 'Sina.com.' 蓝洁瑛 靓绝五台山,癫狂一阕梦. Retrieved on 2009-08-12.
  11. ^'「你搵到你的世界未?」經典對白敲醒郭子健'. mingpaoweekly.com.

External links[edit]

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