This Day in History: The Charging Bull on the Bund

By Ned Kelly, May 13, 2022

1 0

Seen by many as a middle finger to the West – and the US in particular – the Bund’s ‘Charging Bull’ has become a popular attraction on Shanghai’s iconic Bund waterfront.

At 5.2-meters long, 3.2-meters high and a whopping 2.5 tons in weight, it is almost identical to the original Wall Street Bull on which it is based – only “redder, younger and stronger,” according to the artist of both, Arturo Di Modica.

Designed to represent the growing virulence and power of China’s economy, it was unveiled on May 15, 2010, after the global financial crisis and just ahead of Shanghai’s Expo extravaganza, in a boast that the country was immune to the economic woes of the rest of the world.

bull3.jpg

Today, crowds flock to the site to grab a handful of the sculpture’s testicles, the rubbing of which is thought to bring good fortune. Other popular uses for the creature include hanging bags on its horns and riding it like a rodeo bronco.

Di Modica’s original bovine was given as a Christmas present to the City of New York following the stock market crash of 1987 as a symbol of the aggression, strength and energy of the financial system. At the time, the artist was an unknown, who funded the piece by selling his farm in Sicily.

Trucking it to the middle of Broad Street, he deposited the beast, guerrilla style, under a 60-foot Christmas tree on December 15, 1989. It was later impounded by authorities but returned to a nearby location following protests from the public and claims the removal had adversely affected the stock market.

Having capitalized extensively off the back of his first bull, Di Modica was sufficiently rich to nonchalantly give Shanghai its own beast for free without batting an eyelid.

bull.jpg

For the stories behind Shanghai's most inconic statues, scan the QR:

frame-12-.png


For more on Shanghai's statues and sculptures, click here.

For more history stories, click here.

[All images by Nicky Almasy]

more news

POP on the Bund's Legendary NYE Countdown Party is Back!

Pop's legendary NYE Countdown Party with spectacular terrace views!

M on the Bund Documentary: Crowdfunding Launch Announcement

'M On The Bund' takes you behind the scenes of an extraordinary restaurant that sat at the heart of Shanghai for 23 years.

This Day in History: The Death of Puyi, China’s Last Emperor

Puyi was only 3 years old when he sat on the 'Dragon Throne.'

This Day in History: China’s First Man in Space

On this day in 2003, Yang Liwei endured a 21-and-a-half-hour flight, completing 14 orbits of the Earth

This Day in History: Birth of 'Lust, Caution' Author Eileen Chang

Writer of Lust, Caution born in Shanghai.

This Day in History: Shanghai's Yongkang Lu Bar Street Shut Down

On July 11, 2016, a Shanghai mayor vowed to close down the city's most infamous bar street, kickstarting a dramatic shutdown.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With thatsmags.com

Weekly updates to your email inbox every Wednesday

Download previous issues

Never miss an issue of That's Magazines!

Visit the archives