Can't go up. First, Luoyang molybdenum industry involves many kinds of metals, which are not single representatives, so it is not valued by funds. Second, the plate is big, there are many retail investors and there is no big money on it. Third, the company's return on net assets is very low, which reduces the huge cost of capital and leaves little net income to shareholders. Moreover, mining giants have to spend money to buy mines every year, usually loans, and pay off debts every year. Once they default, they will go bankrupt. This should be the main reason why they are not optimistic about funds, and the risk is too great. Surprisingly, in the seller's seat, there was a message that CIC, a joint brokerage company representing mainland funds going south through the Hong Kong Stock Connect channel, reduced its position in the upswing, which was contrary to the method of "chasing up and killing down" used by mainland funds.

1, the global stock market as a whole is in the rhythm of callback, and the A-share market has not yet formed an effective breakthrough; Secondly, the price trend of basic metals is consolidating, the profit growth expectation of listed companies is reduced, and the overall non-ferrous metal sector is in a downturn; Thirdly, northward, capital keeps flowing out and market transactions are inactive. The superposition of various fundamental factors is the reason why Luoyang molybdenum industry can't get on. Of course, the ups and downs of the stock market are normal. The fundamental reason for not rising is that the market has not come, so there is no need for investors to rush. Luoyang Molybdenum Industry is one of the largest scheelite producers in the world, the top seven molybdenum producers in the world and the leading copper producer in the world. A-share code is 603993.

2. In terms of funds:1October 25th, 202 1, 165438, there were 9 seats sold northwards, among which the net outflow of HSBC was relatively large, with a net outflow of1.1.60 million yuan and a position cost of 349 yuan. Followed by Standard Chartered (Hong Kong) Co., Ltd., with a net outflow of 4,450,900 yuan and a position cost of 4.54 yuan. The net outflow of MLFELTD is 268.2 1 10,000, and the cost of holding positions is -22.97 yuan. However, the net purchase of financing on that day was 23.3924 million yuan; The balance of financing was 2.803 billion yuan.

3. Expanding investment: On August 7th, 20021,Luoyang Molybdenum Industry announced that it planned to invest 2.51000 million US dollars (about RMB162 million yuan) in TFM copper-cobalt mixed ore project. In the future, it is estimated that the annual output of newly added copper will be about 200,000 tons, and the annual output of newly added cobalt will be about 6.5438+0.7 million tons. The project is expected to be completed and put into operation in 2023.