Sou Hu Cai Jing·2026-01-19 19:20Group 1 - The core viewpoint of the article highlights the recent trading activity of southbound funds in Spring Medical (01858.HK), indicating a mixed trend with both increases and decreases in holdings [1] - Southbound funds increased their holdings by 368,800 shares on January 19, while over the past five trading days, there were three days of net reductions totaling 505,000 shares [1] - Over the last 20 trading days, there were ten days of net reductions, amounting to a total of 2,725,500 shares [1] Group 2 - As of now, southbound funds hold 41,741,300 shares of Spring Medical, which represents 43.86% of the company's total issued ordinary shares [1] - Spring Medical is primarily engaged in the research, production, and sales of implantable orthopedic medical devices, with key products including joint prosthetics, spinal implants, trauma products, sports medicine products, PRP products, oral products, and surgical robots [1] - The company's joint prosthetic products cover major human joints such as hip, knee, shoulder, and elbow, and its products are sold in both domestic and international markets [1]