Shen Zhenying

Not to be confused with Shum Cheuk-ying.

Shum Chun Ying (born June 27, 1963) is a Hong Kong stock commentator, columnist, and TV host. He is the former CEO of Bright Smart Securities and began writing columns in 2000. In 2007, Shum suggested investors sell all their stocks, drawing heavy criticism on forums like HKGolden for his inaccurate predictions. After the 2008 market crash triggered by the resumption of trading of LeRoi Holdings, he earned the nicknames "Master Shum" or “Shum the Judge,” and was dubbed “Light God.”

Biography

Shum was born in Hong Kong and is originally from Panyu, Guangzhou. He graduated from San Fat School (Primary Division) in 1977, where he was classmates with Hong Kong Monetary Authority Chief Executive Eddie Yue. He completed Form 5 at San Fat School in 1982 and graduated from the Chinese University of Hong Kong's Faculty of Business Administration in 1987, majoring in Business Management and minoring in Finance. He started as a management trainee in a stock firm but left the financial sector after the 1987 market crash.

Shum later worked in trading and fast food marketing before returning to brokerage in 1992. From 2000 to 2015, he wrote the column “Practical Theory” for Apple Daily. He became a stock commentator for TVB’s “Market Scene” in 2006 and 2014, and co-hosted the online finance show “Money Money Money Beat” on Raga Finance with Galaxy Securities' Law Sheung-pui.

In August 2018, another subsidiary of Bright Smart’s parent company, "Wai Kai Gold," was investigated for a London gold scam. Shum clarified it had no connection to Bright Smart Securities. In August 2019, Bright Smart Securities was fined HK$5 million by the Securities and Futures Commission for internal control failures and non-compliance.

In October 2021, he began hosting the program “Wealth Picks” on TVB Finance & Information Channel.

On January 31, 2024, Shum, then 60, announced his “retirement” and resigned as CEO of Bright Smart Securities. He said the role was stressful and he had considered stepping down after suffering a mild stroke two years earlier. However, he will continue providing stock commentary and appearing in shows post-retirement.

External Links

• ACEC – Course Page
• Money Money Money Beat – RagaFinance
• Practical Theory: Shum Chun Ying – HK Stock Strategy King