Sou Hu Cai Jing·2026-03-25 20:22Group 1 - The core point of the article is that southbound funds have reduced their holdings in Melco International Development (00200.HK) by 31,900 shares on March 25, with a total net reduction of 114,000 shares over the past five trading days [1] - Over the last 20 trading days, there have been 12 days of net increases in southbound fund holdings, totaling an increase of 2,501,800 shares [1] - As of now, southbound funds hold 156 million shares of Melco International Development, representing 6.85% of the company's total issued ordinary shares [1] Group 2 - Melco International Development Limited is primarily engaged in the investment holding of entertainment and hotel businesses [1] - The company operates through two segments: the entertainment and hotel segment, which includes casino operations and hotel services, and the other segment, which focuses on investment activities [1]