Siheyuan: Xu Damao, I want to go to the moon
Chapter 342: Mr. Lou Becomes a Justice of the Peace
The Lou family had previously followed Xu Damao's advice. Young Master Lou was constantly looking for properties and would buy any that came with a suitable price.
Due to oversupply in 58, housing and land prices fell by 70%. However, starting in 59, Hong Kong's economy turned around. In addition, the number of foreigners and international business organizations coming to Hong Kong increased, which led to an increase in demand for commercial buildings and residential properties, stimulating a rapid recovery in the real estate industry.
The Lou family did not catch the bottom price in 58 because the eldest son of the Lou family did not come to Hong Kong until January 59. However, the current price is still acceptable, so if you think it is suitable, you can buy it.
As for when the property market will collapse, Xu Damao really doesn't know. He doesn't care about this. He doesn't even care about the stock market and property market in the mainland, let alone that in Hong Kong. He just reminded Mr. Lou to take it easy, because there's no telling when this thing will collapse, and the precursor should be a bank credit crisis.
If there is a bank credit crisis or an economic crisis, the real estate market will collapse; if there is an oil crisis, the stock market will collapse. Xu Damao knows these two points.
Young Master Lou expressed his understanding. He knew this very well and was at least better at reading the market than Xu Damao.
He also attended charity dinners held by Hong Kong's upper class. On the surface, he represented the Lou family from the mainland, and could also represent the Crescent Kingdom, but the Hong Kong bosses all knew that he was the brother-in-law of the immortal on land and must be respected.
In a short time, he became the official guest of Hong Kong's wealthy and powerful, both in the black and white worlds. Although he did not interfere in the affairs between the black and white worlds, everyone had to give him face, otherwise they would not do so.
There was something that made him not know what to choose.
Because he solved the employment problems of nearly 3 people and was a major taxpayer, the authorities planned to award him an honor and grant him the status of Justice of the Peace.
Lou Bancheng came to the factory in person to inquire about Xu Damao. After all, he was the former director of the steel rolling mill. Director Yang, Secretary Nie, and Li Huaide all gave him face.
The two found a small meeting room and started chatting behind closed doors.
"Dad, this is a good thing. Let my eldest brother agree to it." Xu Damao answered while handing Lou Bancheng a cigarette and pouring tea.
"Will there be any problem in the middle..." Lou Bancheng is now trembling with fear, fearing that there will be some problem in the middle.
Previously, Chang Hongjun, the director of a subordinate factory, was able to cause such a big stir. That incident did cast a big shadow in his heart.
Including the matter of Xu Damao being squeezed out of the Red Star Speaker Factory. If this had happened before liberation, Lou Bancheng would have been dismissive. They had their own set of rules in doing business.
But now, the government has the power to ignore business rules, and he is really afraid that he will be singled out as an example to others one day.
Moreover, he already had the title of a ZB family. Not only did his eldest son go to Hong Kong, but he also got the title of Justice of the Peace. Wouldn't that add another title of having overseas connections?
If something really happens, wouldn’t the first one to be attacked be our own Lou family?
Xu Damao disagreed: "If they are willing to give it, just take it."
"What can a Justice of the Peace say? According to the Hong Kong Public Order Ordinance of 1886, they have the power to disperse gatherings, arrest criminals, and conduct house searches."
"It's just an honorary title, but it carries real power in Hong Kong."
"You have real power. If there are any changes in the mainland in the future and the higher-ups want to take action against you, you have to be careful about the impact."
"Of course, we cannot rule out the possibility that some hot-headed people will ignore these things, but it is always a good way out."
After Xu Damao's explanation, Lou Bancheng understood.
If you are just a government official and your son has gone abroad, even if you have the nationality of another country, the higher-ups will still take action against you. Do you think that China's fight against 17 gangs was in vain? No one can stop it!
But you are a patriotic red government family, and your son is a Justice of the Peace (non-official) recognized by England in Hong Kong. After all, Hong Kong will be taken back in the future. Justices of the Peace have a certain influence in the local area, and they will give you some face.
Of course, this is based on the premise that your Lou family does not do anything illegal that would anger God and people.
It's a good way out anyway. If something happens and I need to go there, I can be picked up and arranged there.
Hearing Xu Damao say this, Lou Bancheng felt relieved.
As for the safety of Young Master Lou in Hong Kong, neither Xu Damao nor Lou Bancheng have to worry about it now. With the temptation of Xu Damao's HP potion hanging there, plus his reputation as a land immortal, even the dumbest dwarf would not dare to go after Young Master Lou. If they really have this idea, people around them will report you and take the reward.
The two then talked about the situation in the mainland. With the grain seeds from the Crescent Kingdom, it is estimated that if they can hold on for another half a year, the famine will be slightly alleviated. Although it cannot directly solve the problem of famine, it can at least provide some relief to some areas.
And now China is also buying grain internationally. After Crescent Kingdom earns foreign exchange, it also helps buy grain internationally and transports it to the mainland, and then exchanges it for other industrial materials and shipped to Crescent Kingdom. Young Master Lou is also helping with this, so the Lou family now has a very good impression in the eyes of those above, especially the Ministry of Foreign Affairs.
However, once the natural disasters of recent years are over and strong winds come, it is hard to say what will happen.
It doesn't mean that you can get rid of this identity of ZB family by doing many good things.
A red ZB family, he is also a ZB family.
Xu Damao thought about it, and then said to Lou Bancheng: "Dad, this steel mill has been merged with several factories. You should donate the dividend shares you have."
"It's useless to keep it. Now that my elder brother has set up a business in Hong Kong, the money he earns is enough for us to use for several lifetimes, not to mention that we have Li Mingmei's New Moon Country as another way out."
"It didn't matter if you kept your shares before the steel mill was merged. But now that it has been merged, there are too many people who have a say. If you keep your shares, people will be jealous."
Lou Bancheng flicked the ash off his cigarette and nodded. He also understood Xu Damao's concerns.
"You're right. I'll go talk to Lao Yang about this later and donate it as soon as possible."
He is now relieved. He fully supports whatever Xu Damao says. This son-in-law is so capable.
He made his eldest son a Justice of the Peace in Hong Kong, his second wife is the leader of a country, and she has a very harmonious relationship with her own daughter.
Following his footsteps will never hurt you.
----------------
The next day, the Sijiucheng Daily published the news that Lou Bancheng donated his shares. Not only that, he also donated shares and factories in several other small industries that were jointly owned by the public and private sectors, leaving only some real estate deeds.
The higher-ups did this to use him as an example for positive publicity. The more this happened, the clearer it became to Lou Bancheng that the higher-ups were determined to have these government companies completely separate from state-owned factories. Their meaning was obvious.
If you donate now, you will still have a good reputation. If you delay donating... hehe.
Although this move also brought some trouble to Lou Bancheng, especially in his circle, many people of the same status scolded him for doing things in an unkind way. If you do this, what will others do?
Should I donate it like others or just ignore it? Aren’t you harming others, Lou Bancheng?
Lou Bancheng, who had seen through everything, could only mutter in his heart: [I would rather my friend die than let this poor Taoist die.]
【Who said I have a good son-in-law! 】
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