Chapter 242 King

With a wave of his hand, Xu Damao took out [-] million US dollars and established a family fund.

All children will enjoy dividends from the family fund every year after they reach adulthood.

The family foundation determines the lower limit for children, and the upper limit only depends on ability.

The future head of the wealthy Xu family has the ability to take over.

If he doesn't want to work hard or has the ability, the annual dividends from the family fund will be enough to ensure that he has no worries about food and clothing for the rest of his life.

Time passed sixty-five years later, and Lou Xiaoe gave birth to a son for Xu Damao as she wished.

This made the Lou family extremely happy.

For some reason, Yu Li, Yu Haitang, Qin Jingru and Ding Qiunan all gave birth to girls.

Therefore, the girls also had some thoughts.

In this regard, Xu Damao also felt very helpless. There was no way. This was a problem of the times.

Nowadays, preference for boys over girls is a common phenomenon.

All Xu Damao can do is farm hard, but it’s not like he can’t afford it anyway.

In the same year, Hong Kong’s first wireless TV station license was issued.

Duke Catherine easily won this license.

This is also the opportunity that Xu Damao has been waiting for, an opportunity to enter the media.

Before Xu Damao set foot in Xiangjiang, he had made corresponding plans for his business territory.

Mainly focusing on the real estate industry, Xu Damao took so much land and developed many properties, but there were very few properties that were actually sold, and most of them were rented out.

Xu Damao is not short of money, so he does not need to sell properties to raise funds.

He knew that every inch of land in Hong Kong would be very valuable in the future, so before he set foot in Hong Kong, he aspired to become the largest charterer in Hong Kong.

The real source of his money is his Wal-Mart, and all the properties are built around Wal-Mart.

Today's Wal-Mart has perfectly solved people's food and clothing problems. With the help of the system, any technical bottlenecks do not exist at all.

Xu Damao has already begun to lay out various industries.

The real estate surrounding Wal-Mart also solves people's housing problems very well.

Today, the Xu family has gradually become self-sufficient, and as time goes by, it will achieve a closed-loop business.

Because of this, in addition to commercial land, the land purchased by Xu Damao also includes many industrial lands.

In the past two years, the number of workers who have relied on Xu for a living has reached [-].

Xu's workers work for Xu, rent Xu's properties, and buy Xu's things.

At first glance, Xu Damao seems to have taken office with a black heart.

But this is not the case. As long as the workers have worked for Xu for 20 years, the rent paid by him during this period will be returned to the workers intact.

At the same time, the house he lives in also belongs to him.

In later generations, such benefits will still be very harsh, but now it is in the 60s.

Such a good boss simply does not exist.

Because of such superior benefits, Xu's workers are very passionate and full of enthusiasm for their work.

With the gradual closing of the business map, Xu Damao's layout before entering Hong Kong has slowly completed two points.

First, it focuses on the real estate industry and develops real estate...

Second, it is the retail industry that revolves around food, clothing, housing and transportation.

Although the loop has been gradually closed, this cannot be accomplished overnight.

Similarly, in the previous layout, another top priority was the media group.

Newspapers, radio stations, and movie theaters are very easy to do, as long as you have money.

Relatively speaking, TV stations are much more difficult.

Now, Xu Damao has obtained the first radio station license, which means that over time, he can form a closed loop in Hong Kong's media industry.

Being able to have my own way of speaking out is not a big deal at the moment, after all, it is still early.

But after the 80s, you will understand how important it is to have your own voice.

At the end of [-], the TV station was officially launched. This time, Xu Damao did not plagiarize or name the station TVB.

After all, someone else has already followed someone else's path, so it would be really shameless to plagiarize the name.

But the name of the radio station is a bit old-fashioned, named Longfeng TV Station.

Since you have followed someone else's path, you might as well follow it all the way to the end.

Not long after the TV station was established, Xu Damao hired two people from Shao Family.

Zou Wenhuai and He Guanchang have improved the film and television part of the media group.

In the original world, the two established Jiahe in 1970. With Xu Damao's intervention, the two left Shao's family nearly four years earlier.

Uncle Liu was naturally furious at first, but after learning about the financial backers behind the two, he could only break his teeth and swallow them.

In Xiangjiang, everyone understands what the Xu family represents.

Going against the Xu family is like hitting a stone with an egg!

There were quite a few Uncle Six, but on the contrary, he also wanted to hook up with Mr. Xu.

In his view, television is a rising industry.

Xu Damao saw that the legendary sixth uncle was so knowledgeable, so he took him to play with him.

Of course, this has a prerequisite, which is Shao's cinema chain.

As the saying goes, only by giving up can you gain.

Shao's several major theaters have really good geographical locations.

Sacrificing a small amount of shares to acquire Shao's Cinemas, Xu Damao became the king of Xiangjiang Cinemas in one fell swoop.

Uncle Liu's ability is still very strong, so handing over Longfeng TV Station to him is a good choice.

Of course, Uncle Liu cannot decide on the treatment of employees.

Regardless of whether you are an actor or a singer, as long as you join Xu's company, your contract will be tied to Xu's agent company.

And they are very happy to do this, because no one dares to offend Xu's employees, black or white.

In today's Hong Kong, money is certainly important, but if your life is gone, what's the use of making more money?

60 was destined to be a restless year. The biggest stock market crash in the [-]s occurred.

There are many reasons for the stock market crash, and they are not all solved in one fell swoop. The Hang Seng Index fell by 31%.

It hit a new low in the history of the Hang Seng Index.

And Xu Damao waved his hand and bought some high-quality companies at the bottom of the stock market through this stock market crash.

It seems simple, but in fact it is not. For this reason, Xu Damao planned it for a whole year.

Under Xu Damao's layout, Xu once again reached a new level.

The days that followed were simple and peaceful.

Time flies, and the time has entered seventy-two years.

Xiangjiang is prosperous. After several years of hard work, Xu Damao officially became the King of Xiangjiang.

All walks of life will be associated with Xu, of course, this is just a superficial phenomenon.

In fact, in addition to Hong Kong, Xu Damao has made certain achievements in the global business sector.

However, Xu Damao, who has always been low-key, is unknown to the outside world.

All they know is KING.

(End of this chapter)

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