Core Viewpoint - Southbound funds have reduced their holdings in Health Road (02587.HK) by 203.15 million shares on November 4, with a total net reduction of 345.0 million shares over the last five trading days and 891.4 million shares over the last twenty trading days [1][2]. Group 1: Shareholding Changes - As of November 4, 2025, southbound funds hold 190 million shares of Health Road, accounting for 21.63% of the company's total issued ordinary shares [1]. - The shareholding changes over the last five trading days include a reduction of 203.15 million shares on November 4, a reduction of 142.35 million shares on November 3, an increase of 73.30 million shares on October 31, a reduction of 110.10 million shares on October 30, and an increase of 37.30 million shares on October 28 [2]. Group 2: Company Overview - Health Road Holdings Limited is primarily engaged in providing enterprise services, digital marketing services, and health care services as an investment holding company [2]. - The company operates through three main segments: enterprise services and digital marketing services, health care services, and other health services and products sold through various online and offline channels [2].

Group 1 - The core point of the news is that southbound funds have reduced their holdings in Health Road (02587.HK) by 226.15 million shares on October 27, with a total net reduction of 359.9 million shares over the past five trading days and 763.8 million shares over the past twenty trading days [1][2] - As of now, southbound funds hold 193 million shares of Health Road, accounting for 22.03% of the company's total issued ordinary shares [1][2] - The company operates primarily in three segments: enterprise services and digital marketing services, health care services, and other health services and products [2] Group 2 - The enterprise services and digital marketing services segment includes content services, information technology services, and digital marketing services [2] - The health care services segment provides medical support services and value-based medical services [2] - The other segment offers various health services and products through online and offline channels, such as patient visitation services and nutritional supplements sales [2]