why steel shares can't rise

can be divided into the following categories;

1. First, the circulation disk is too large.

The total share capital is 45.6 billion, about 25.2 billion of which is reduced by the Group and repurchased. After deducting 1.1 billion from the securities companies and 1.6 billion from the insurance companies, the actual tradable shares are about 17 billion. 17 billion is also a super-large-cap stock, and no banker can have so much money for speculation.

2. Second, most retail investors are short-term.

suppose that half of the 17 billion tradable shares are held by retail investors, that is to say, 8.5 billion are held by retail investors, 2% of retail investors will do T if they increase by two or three cents, and 1.7 billion retail investors will do T .. Therefore, the turnover does not exceed 1.7 billion, and it is difficult for Baotou Steel to rise. The conclusion is that there are too many retail investors and too speculative. Not only Baotou Steel, but also China's big blue-chip stocks are not rising, which is also the main reason.

The reason why Baotou Steel's share price has been so low and it is unlikely to rise sharply in the future is that it may take the following three reasons to break the game.

First, rare earths are welcoming a wave of price increases;

second, the shareholding ratio of institutions reaches 6%-7%;

thirdly, retail investors stop doing T, and their long-term shareholding experiences shocks.

At present, rare earth has ushered in a wave of price increase, which has driven the price increase of Baotou Steel. As for the second, it depends on the strength of the institution. At present, no institution can undertake such a large circulation, so there is little chance. Last but not least, I don't think it is possible. The reason why retail investors are called retail investors is that they are short-term profit-seekers. Few people can withstand such oscillation, and those who can withstand it all make money. Finally, there is a question. As for whether Baotou Steel will withdraw from the market, I think it is impossible. This state-owned enterprise is a strategic enterprise and there will be no risk of delisting. To sum up, the next key factor for Baotou Steel to rise is that the price of rare earths will continue to rise, and institutions will undertake the shares of Baotou Steel substantially, otherwise, it will only fluctuate before 1.5 yuan arrives in 3.8 yuan.

Investment is risky, so you need to be cautious.