Insider bears emerge ahead of Lunar New Year holiday

Directors were bearish in the run-up to the Lunar New Year, with 86 companies reporting disposals of their shares by directors worth a HK$998.6 million from January 21 to February 8.

In value terms, selling of shares by directors in the past three weeks accounted for nearly 93 per cent of total insider turnover, compared with 35 per cent for the same three-week period last year.

via Business feed http://www.scmp.com/business/article/1152669/insider-bears-emerge-ahead-lunar-new-year-holiday