Chapter 690: Short sell! Short sell for me!

It was 12 midnight.

Room 2, Department of Surgery, 3rd Floor, Hong Kong Sanatorium & Hospital, 2 Village Road, Happy Valley, Hong Kong.

The bodyguard carefully helped Zhao Zhi'an out and asked in a low voice,

'Young master, it's late, are you staying at the hospital overnight or going home?'

Zhao Zhi'an held a small ice pack to his face and just wanted to speak, but the pulling of his facial muscles made him wince.

'Ssshh!'

'Don't go home, go to my villa tonight,'

Zhao Zhi'an ordered after thinking about it.

Although he was still seething with anger after suffering a loss, after a few hours of thinking, he knew that he was in trouble.

His heart subconsciously wanted to escape.

If he went home tonight, and if his parents found out, then his overprotective mother would definitely want to know what happened, and he hadn't thought of a way to deal with it yet.

Therefore, going back to his own private residence to get some sleep and dealing with it tomorrow when he was calmer was currently the best option he could think of.

At this point, he had finally sobered up and regained the intelligence of a second-generation rich family member.

'Oh yeah, hurry up and check that license plate number, and let me know as soon as you find out!'

Just as he was about to get into the car, Zhao Zhi'an was still not at ease and gave the bodyguard some more instructions.

After that, the luxury car started up and drove towards his residence.

The next day, after Xia Yu finished breakfast, he asked Li Qian to stay at home with Elena and rest, and he himself went to Jiuding Securities Company with his bodyguard.

It was only 8 o'clock in the morning when he arrived at the company, half an hour before the start of the official working day.

However, due to Xia Yu's instructions last night, all the elites in the company had already gathered and were working intensively, with the general manager Wang Qi coordinating the work.

'Good morning, Chairman!'

Wang Qi immediately put down what he was doing when he saw Xia Yu.

'How is the preparation going?'

Xia Yu asked Wang Qi as he looked around the office.

'Chairman, I had someone collect information on the Zhao family overnight. Fortunately, we had some data from a previous market analysis.'

'And I spoke with Manager Yan Wenhan last night, and he had someone give me the relevant information overnight, which was very helpful.'

'Now the preliminary software work is ready.'

As he spoke, Wang Qi waved to a subordinate, who handed him a folder. Wang Qi skillfully opened it and handed it to Xia Yu, continuing to speak.

'The Zhao family's main business has two large and one small companies, namely the two listed companies Huaguang Shipping Company and Huaguang Real Estate Company, and the other unlisted Xiangjiang Yau Ma Tei Ferry Company.'

'These three companies are the ones we can act on after analysis. Apart from these, the Zhao family also holds some assets such as properties and stock investments, which are scattered in number and of little significance to act on, and are also more difficult.'

'...'

While listening to Wang Qi's introduction, Xia Yu browsed through the information.

He had to say that the information was very complete at a glance.

In fact, it is only natural. Jiuding Newspaper Company has been publishing the corporate rankings and the rich list for more than a year, and the Economic Research Office has already studied the business of Xiangjiang to the bottom.

In addition, Jiuding Securities Company needs to conduct capital operations, and it also needs to thoroughly study a company before deciding on the direction of capital operations.

Therefore, the information on the three companies of the Zhao family is clearly presented before Xia Yu's eyes.

Wah Kwong Shipping Company is the foundation of the Zhao family's wealth, their most important asset. It mainly operates bulk cargo ships, supplemented by tankers.

Among the four major shipping magnates of Xiangjiang, the leader Bao Yugang mainly operates tankers, while the Dong shipping magnate mainly operates container ships, and the Cao shipping magnate also operates tankers and container ships.

The Zhao family's strength ranks third among the four shipping magnates, just above Cao Wenjin.

Wah Kwong Shipping was listed in 1973 and now has a market value of HK$1.28 billion. The Chao family holds 51.5% of the shares and has absolute control, so there is no way they can seize control.

The current chairman of the board of Wah Kwong Shipping is Chao Tsung-yen himself, while his eldest son Chao Shih-peng and fourth son Chao Shih-kuang serve as the manager and deputy manager respectively. The Chao family has a strong grip on Wah Kwong Shipping.

The other Wah Kwong Real Estate company was established in the late 1960s after the family saw the property sector was booming and went into it. It was listed in 1974 and now has a market value of 920 million due to the property sector's current boom and high price-earnings ratio.

The family's control of Wah Kwong Real Estate is equally thorough, with a shareholding ratio of 53.8%, higher than that of Wah Kwong Shipping.

The chairman of the board is Zhao Shizeng, the third son of Zhao Congyan, a well-known playboy in the Hong Kong aristocracy, who loves to hang out with actresses and beautiful women and is a frequent visitor to the Shao family. According to media reports, he has dated more than 500 people, and has even absurdly held swimsuit parties with more than ten women at the same time.

However, it is undeniable that although Zhao Shizeng's private life is eye-catching, he is quite capable and has managed Wah Kwong Properties well.

Zhao Shizeng is the biological father of Zhao Zhi'an.

Zhao Zhi'an's spoiled nature is not unlearned from his father.

In addition to Wah Kwong Shipping and Wah Kwong Real Estate, another company, Hong Kong Yaumati Ferry Company, is a relatively small company that operates routes between Central and Sham Shui Po on Hong Kong Island, Mong Kok and Yaumatei, and the New Territories to the outlying islands, carrying both passengers and small freight.

Heung Kong Yaumatei Ferry is the second largest player in the Heung Kong ferry market, while the industry leader is the Star Ferry Company, which belongs to Wharf. The latter is now a wholly-owned subsidiary of Xia Yu's Wharf.

This Heung Kong Yaumatei Ferry Company was not founded by the Zhao family, but only changed hands after acquiring a number of shares along the way. The Zhao family now holds 42.4% of the shares and is the largest shareholder, responsible for the company's operations.

The information also lists the detailed shareholder information of the three companies.

Jiuding Securities also holds 1.7 million shares of Huaguang Real Estate, accounting for 3.4% of the total and a market value of HK$31.28 million.

These shares have been held for more than two months.

Previously, Xia Yu had taken out US$3 billion for Wang Qi to temporarily invest and preserve value. Considering the booming real estate industry in Xiangjiang, Wang Qi invested a large sum in the real estate industry.

Now Jiuding Securities Company almost holds the shares of Xiangjiang's top large real estate companies, the only difference being the quantity.

As for Wah Kwong Shipping, Jiuding Securities has not invested in it. After all, Wang Qi is also aware of the attitude of the chairman, Xia Yu, towards the shipping market. He himself is also pessimistic about the shipping market, so naturally he will not invest his money in it.

After closing the folder, Xia Yu thought for a moment and said, 'Of these three companies, Wah Kwong Shipping has no value, and I don't need Wah Kwong Real Estate either. Go all out to short them.'

'As for Hong Kong Yaumatei Ferry Company, take it over for me!'

According to the information, Heung Kong Yaumatei Ferry Company owns the shipyards in northern Tsing Yi and Tai Kok Tsui, as well as some land on the Tai Kok Tsui pier, which can be converted into more than 2 million square feet of floor space.

Although the property market on Hong Kong Island has not yet developed to Tai Kok Tsui, Heung Kong Yaumatei Ferry Company has huge potential value with its ownership of so much land.

And as long as it is acquired, together with the original Star Ferry, Xia Yu will almost monopolise the short-distance ferry market in Hong Kong and become a giant monopolist in the industry.

'Chairman, when will you decide to do it?'

Wang Qi nodded slightly to show that he understood, and then asked a key question.

Xia Yu said without hesitation, 'Give you all morning, and start immediately after the market opens this afternoon!'

'Understood!'

Wang Qi took a deep breath and immediately gathered his subordinates to formulate a plan, with Xia Yu participating throughout.

With the collective wisdom of a group of elites, a complete and highly executable plan was produced in less than an hour.

After Xia Yu gave his approval, everyone got to work according to their assigned tasks, and the large financial machine that was Jiuding Securities Company immediately started running at full speed.