MANY people seem to be getting the impression that there are no longer any buyers of Hong Kong stocks. And they are wrong, as it happens. On Thursday, for instance, there were at least 11 buyers. These were the companies which cropped up in the stock exchange's daily list of disclosures by directors and corporations yesterday afternoon. The 11 were listed companies or their directors, who were in the market buying their own shares. Thomas Chan Chun-ho, director at Playmates Properties Holdings, was buying in a big way on Thursday. He bought 10.882 million Playmates shares, equivalent to 1.65 per cent of the company. The other 10 buyers on the list were all corporates snapping up some of their own shares. Innovative International bought 388,000 shares at between $2.25 and $2.27; other firms in the market included Che Cheung, Tong Fong Hung, Chinese Estates and Fong's Industries. Two of the other buyers that day had already been making repeated trips. Novel bought 50,000 shares at $1.65 on Thursday, but it has been in the market some 30 times since the beginning of March, once buying 676,000 shares from a total of 824 million. Another frequent buyer is Great Wall Electronics. Also on Thursday, it bought 338,000 shares at 94 to 95 cents and has been in the market almost 20 times since the beginning of March, once for 1.59 million shares. Other companies who have made repeated buy-backs include Pacific Concord, CP Pokphand, Winsor Industrial and Onfem Holdings. Onfem bought 1.9 million of its own shares on one occasion - equivalent to 0.7 per cent of its 274 million shares. Wheelock has also been making regular trips to the market in an operation which has seen the company buy back about 5.6 million shares. The buying, which got under way on the last day of March, was regular throughout last month and has continued this month. In dollar terms, Wheelock has spent quite a lot in this way. On April 14, the company bought 643,000 shares for between $18.70 and $18.80 - a $12 million investment. On Thursday, it bought a further 635,000 shares at between $17.70 and $18.20. However, not one of 15 visits to the market has taken anything like a serious chunk of Wheelock's shares, so by that measure the moves have been insignificant - it bought back just over a quarter of a per cent of its shares. Managers at these companies obviously believe punters are giving away some bargains. Nazi shock The Hindustan Times of New Delhi recently ran a well-written piece from its correspondent in Pretoria, South Africa, Nirupama Subramanian. The reporter braved being the only black face at a rally for extreme right-wing neo-Nazi Afrikaners to get the tale, but the only thing he's going to remember about the article, if not the rally, is that the machine that checks to see if commas have been left out of sentences in transit was not working when his story arrived. The version that appeared makes the thought of the spectacle even uglier than the reality must have been, as reader Brenden Beveridge noticed. Read it carefully. True blues LAST week, we featured the brutal honesty of fund managers Steinhardt Overseas Management, which told investors its performance in February had been ''terrible''. The company does not run out of steam after the first paragraph of the communication and starts making vague excuses and promises to do better. ''During the month of March, losses have continued . . . these seven weeks have been the worst period in the 27-year history of the firm,'' it grumbles. Mad to measure CHRIS Devonshire-Ellis, at one stage almost a permanent fixture of Lai See, has obviously been getting some training. A book he is studying, called The Principles of Translation, seems to have a curious target audience. ''I am not more mad than you,'' begins one exercise, which continues with: ''The soldiers would rather die than surrender.'' The martial theme is continued in the book with helpful hints on the meaning of common English acronyms and abbreviations, such as Samos, the satellite anti-missile observation system, which now comes as standard on some American cars, and SLBM, a satellite-launched ballistic missile. And without knowing that a ''glomb'' is a glide bomb, visitors to Britain are more or less stuck for anything to say after ''honoured to meet you, Your Royal Highness'', at royal garden parties. Faymous A RUMOUR has sprung up that some British Conservative MPs are planning a trip to Singapore, and car accessory shops around Westminster have suddenly sold out of aerosol paint cans. Also, the race should be starting between British tabloid newspapers and the Benetton advertising people to see who can get hold of those Michael Fay pictures. The smart money says Shui Chi-ho, the Hong Kong youth who faces 12 strokes of the cane and eight months in jail in Singapore, will also be appearing in the papers.