Sou Hu Cai Jing·2025-11-20 19:31Group 1 - The core point of the article is that southbound funds have reduced their holdings in JD Health (06618.HK) by 644,800 shares on November 20, 2025, with a total net reduction of 1,712,100 shares over the past five trading days [1][2] - Over the last 20 trading days, southbound funds have reduced their holdings on 9 days, resulting in a total net reduction of 1,725,100 shares [1][2] - As of now, southbound funds hold 277 million shares of JD Health, accounting for 8.66% of the company's total issued ordinary shares [1][2] Group 2 - JD Health is primarily engaged in providing pharmaceutical and health products, internet medical health services, health management, and intelligent medical health solutions [2] - The company's business includes retail pharmacy and medical health services, with retail pharmacy operations conducted through self-operated and online platforms as well as instant retail channels [2] - Medical health services are mainly provided through internet hospitals and medical large models, along with online marketing services such as advertising [2]