Group 1 - The core point of the article highlights that southbound funds have increased their holdings in Zhi Yuan Holdings (00990.HK) by 1.14 million shares, totaling a net increase of 14.16 million shares over the last five trading days [1] - Over the past 20 trading days, Zhi Yuan Holdings has seen a net increase of 93.48 million shares from southbound funds, with 17 days of net buying activity [1] - Currently, southbound funds hold 1.566 billion shares of Zhi Yuan Holdings, representing 10.95% of the company's total issued ordinary shares [1] Group 2 - Zhi Yuan Holdings Limited, formerly known as Ronghui International Group Limited, primarily engages in the distribution, trading, and processing of metal products [1] - The company operates through two segments: the distribution, trading, and processing segment, which deals with commodities such as iron ore, coal, nickel ore, copper ore, steel, and chemical products; and the financial services segment, which provides securities and derivative financial services, margin financing, and fund management services [1]

Core Viewpoint - Recent trading activity indicates a decrease in southbound capital holdings in Yuan Holdings (00990.HK), with a reduction of 4.6 million shares on October 22, 2025, despite a net increase over the past weeks [1] Group 1: Trading Activity - On October 22, 2025, southbound capital held 1.452 billion shares of Yuan Holdings, representing 10.15% of the company's total issued ordinary shares [1] - In the last 5 trading days, there were 4 days of net increases in holdings, totaling 12.38 million shares [1] - Over the past 20 trading days, there were 12 days of net increases, amounting to 48.53 million shares [1] Group 2: Shareholding Changes - On October 21, 2025, there was a slight increase of 470,000 shares, reflecting a change of 0.03% [2] - On October 20, 2025, an increase of 4.7 million shares was recorded, with a change of 0.32% [2] - On October 16, 2025, there was a significant increase of 9.58 million shares, resulting in a change of 0.67% [2] Group 3: Company Overview - Yuan Holdings, formerly known as Ronghui International Group, is primarily engaged in the distribution, trading, and processing of metal products [2] - The company operates through two segments: distribution, trading, and processing of bulk commodities, and financial services including securities and derivative financial services [2]