Group 1 - Southbound funds reduced their holdings in Hongye Futures (03678.HK) by 899,000 shares on November 6, 2025, marking a decrease of 0.58% [1][2] - Over the past five trading days, there have been three days of net reductions, totaling 1,228,000 shares [1] - In the last 20 trading days, there were 11 days of net reductions, amounting to 3,304,000 shares [1] Group 2 - As of now, southbound funds hold 154 million shares of Hongye Futures, which represents 61.79% of the company's total issued ordinary shares [1] - Hongye Futures Co., Ltd. primarily engages in commodity trading and risk management, operating two main departments: futures brokerage and asset management, and commodity trading and risk management [2] - The futures brokerage and asset management department focuses on trading commodity and financial futures, as well as developing and selling asset management products and services [2]

Core Insights - Southbound funds reduced their holdings in Hongye Futures (03678.HK) by 401,000 shares on November 4, 2025, marking a decrease of 0.26% [1] - Over the past five trading days, there have been three days of net reductions, totaling 1,975,000 shares [1] - In the last twenty trading days, there were eleven days of net reductions, amounting to 1,943,000 shares [1] - Currently, southbound funds hold 155 million shares of Hongye Futures, representing 61.97% of the company's total issued ordinary shares [1] Trading Data Summary - On November 4, 2025, total shares held were 155 million, with a decrease of 401,000 shares [2] - On November 3, 2025, total shares held were 155 million, with a decrease of 1,906,000 shares [2] - On October 31, 2025, total shares held were 157 million, with an increase of 1,510,000 shares [2] - On October 30, 2025, total shares held were 156 million, with an increase of 869,000 shares [2] - On October 28, 2025, total shares held were 155 million, with a decrease of 2,047,000 shares [2] Company Overview - Hongye Futures Co., Ltd. primarily engages in commodity trading and risk management [2] - The company operates two main departments: futures brokerage and asset management, focusing on commodity and financial futures trading, as well as the development and sales of asset management products and services [2] - The commodity trading and risk management department provides services such as commodity purchase and resale, futures arbitrage, basis trading, and hedging [2]