TV series accused of dragging down Hong Kong's index

A local TV soap is seen to influence the stock market; investors demand its removal from the airways.

The switchboard at Hong Kong's television broadcaster, ATV, has been running hot in the past few days with angry callers demanding a soapie series be taken off air forthwith. The program's offence it features an actor whom many local investors believe has for the umpteenth time caused the local stock market to crash.

Bizarre Wait. Weeks before the program started, local entertainment pages were abuzz with tongue-in-cheek conjecture about whether history would repeat itself. Trading on the floor grew thinner as the on-air date drew near. When the nightly program went to air last Monday, the index fell 600 points from its 17,000-point level. Within six days, it dived close...

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