As soon as Dong Qiangqiang and Lu Shan stepped into the house, they received a call from Duanmu from across the country.

"Out! Prestige Di comes out!" Duanmu's tremolo echoed in the corridor. Dong Qiangqiang seemed to hear the curse of the landlord's boyfriend from the room next to him, and hurriedly ran upstairs.

"Go and see!" Duanmu urged excitedly in Dong Qiangqiang's ear, "It's a limit down!"

Dong Qiangqiang knew what Duanmu was referring to, and he was also very excited. His heart was beating violently, and the key was always corrected.

The door finally opened.

"How many?" He rushed into the room and rushed to the computer. Fortunately, he did not turn off the phone before leaving.

In addition to the Asian stock market, European and American stock markets have never had the habit of taking a lunch break. Before leaving, Dong Qiangqiang also glanced at Wei Wangdi's official website, but there was no preview on the page. Why did it suddenly reveal it quietly? He thought that there would be no results today.

Wei Wangdi's official website could not be released at this time. Dong Qiangqiang did not dare to delay and hurriedly entered the stock trading system. In the end, the line optimization of the trading system was better. The page had been released in less than half a minute.

A cliff-like vertical line stood there brightly, which was particularly dazzling.

"Just like before, the circuit breaker first and then the limit down. It was just 9.5 (Euro) blocked." Duanmu gritted his teeth and sweared, "Why are you going back to 10 (Euro) now?"

The PDF file for the second quarter report was easily found. Dong Qiangqiang tapped the file with a mouse, and a prompt "download completion" popped up immediately in the lower right corner of the screen.

He quickly finished reading Wei Wangdi's second quarter report, and the content of the whole article can only be described as "tragic".

Although Victory's financial revenue in the second quarter rose from 13.9 billion euros in the same period last year to 15.3 billion euros, due to poor management and too many holes, the company's net loss in the first half of the year was as high as 12.3 billion euros. At the same time, the total debt of the entire Victory Group (including all subsidiaries) also climbed to a historical high of 35 billion euros, some of which even exceeded the prescribed repayment period.

Although in July, the company changed its new CEO in order to revitalize investors' confidence and began to sell non-performing assets to raise funds to repay debts, the results achieved are not ideal. Several creditors with prominent status (mainly large commercial banks) thus set a final repayment period for Wei Wangdi.

The threat of bankruptcy is like the sword of Damocles hanging high above Virgin Di's head. It is clear how miserable its situation is. In order to alleviate the financial difficulties, it agreed to sell assets worth tens of billions of euros this year in exchange for cash to repay debts. It also proposed a clear path to self-rescue in the second quarter report: in addition to throwing away a few hot potatoes, it will also sell all its publishing industry assets, especially the American Holden Mifflin Publishing Company, which was bought back in 2001 for a huge amount of US$2.2 billion. At the same time, it actively negotiated with a consortium of several largest commercial banks in France to seek a low-interest bridge loan of 3 billion euros, and implement the $1 billion financing promised by the new CEO as soon as possible after taking office. If the above actions still cannot effectively reduce the company's debt crisis this year, it will consider selling all of Universal Films (US) businesses in the future.

Less than half an hour after the second quarter report was released, the market was interpreted. Most institutions have a closer view: the so-called far-reaching water cannot quench their thirst. The tragedy of Weiwangdi's stall is too big, poor management, and lack of liquidity will not change qualitatively by only a few loans. In other words, there are still some declines, so where is this? The big cake painted by Weiwangdi is not attractive. Thinking of the former CEO's resignation, a severance fee was taken away, investors have no reason to believe that its operations can improve within the year.

"Are you still listening?" Duanmu Xu talked for a long time, but he didn't hear Dong Qiangqiang's feedback in a few words, and shouted dissatisfiedly.

"I want..." Dong Qiangqiang replied softly, "I found the reason why it did not block the limit."

"What?"

"News said that given the endless fraud incidents in the US stock market in the past year and considering the importance of Victory to the French financial market, the French financial community is extremely concerned about the movements of Victory and expresses concerns about the violent fluctuations in its stock prices and business data. The French Securities and Exchange Commission stated that although the Securities and Exchange Commission will not audit the quarterly reports of listed companies, from the perspective of stabilizing the financial market, they hope that Victory can release more details to dispel investors' doubts. The most important thing is to come, listen to it: a financial department of the French government said that it will not rule out a certain degree of supervision and provide necessary support in the future."

"Are necessary support?" Duanmu asked for a few seconds, "What do you think?"

"The market has responded to the government's statement, so the stock price has not blocked the limit." Dong Qiangqiang further explained, "Investment institutions should think that the government will not sit idly by the prestige."

"Damn, can't you?" Duanmu was stunned. "Aren't they free market economy? Why are they also using administrative intervention?"

"I guess it may be because Wei Wangdi is too large and there are many loans from commercial banks behind it. Once Wei Wangdi goes bankrupt, these loans will definitely lose all their money. The government must have decided to take the rescue because it is worried about the huge adverse social impact of the bank bankruptcy." Dong Qiangqiang analyzed.

"Then they just spend money to support private enterprises, can the French taxpayers agree?" Duanmu said angrily, "If there is no such statement, I think I will have to hit the limit tomorrow. Damn, it's so disgusting. The duck I got flew away, hey..."

"It's useless to say this now. What we need to decide now is whether we should sell the put options of Victory Di?" Dong Qiangqiang glanced at the position returns of Victory Di in the trading system. "We bought options at 30 euros at the stock price of 2 euros per share. Now (stock price) is less than 10 euros, and the option returns of it alone are almost 400,000 (euros), which is already a lot. If we include Munich Re's (put options), we have actually completed the bet with Black Castle... no, and Anderson."

"What do you mean is that all the transactions are out today?" Duanmu asked, biting his back teeth, "Now the market is always bearish. Don't you think it will continue to fall later? Just like Mu Zai, it makes people feel that it has fallen into the bottomless abyss, (rebound) is far away."

"Before, short-term panic was driving the sell-off, but now the French government has made a statement, it is hard to say the future market. You can't expect it to continue to fall like this tomorrow." Dong Qiangqiang advised kindly, "Stop profits and stop loss are equally important. After all, we are mortals and cannot sell at the highest point, which is unrealistic. Or we sell half and keep half. If we fall again tomorrow, we can make more profits. If we rebound tomorrow, at least we have sold half, which is not considered a small profit."

Duanmu remained silent and was obviously hesitant about Dong Qiangqiang's suggestions.

Dong Qiangqiang noticed Duanmu's unwillingness and wanted to add another sentence, "Stop when you see it is good", but a whistle came from the phone. He couldn't help but keep his phone away from his ears. After a moment, Duanmu said intermittently: "I have a phone in, and I'll call you back later." After that, he hung up the phone without waiting for Dong Qiangqiang to answer.

But after an hour Duanmu did not call back Dong Qiangqiang.

Dong Qiangqiang called him several times, but the other party's cell phone was busy.

Dong Qiangqiang, who had not waited for Duanmu's phone call, was about to go to the kitchen to find something to eat, but unexpectedly received Anderson's call.

===
Chapter completed!