Sales rise as listed firms' buy-back activity plunges

Purchases of their own companies' shares by directors was flat but selling rose for the second straight week based on filings made to the stock exchange for the period May 27 to 31.

Buyers outweighed sellers, with 25 companies reporting 120 purchases worth HK$392 million versus 16 companies that reported 61 disposals worth HK$107 million. The buy figures were not far off the previous week's 25 companies, 109 purchases, and HK$456 million.

via Business feed http://www.scmp.com/business/article/1252317/sales-rise-listed-firms-buy-back-activity-plunges