China Molybdenum’s corporate anthem needs an update. Its current theme — the sun rising over the hills of Luoyang — is now much less global than the company itself. Over the weekend, the Hong Kong and Shanghai-listed company, with a market value of $7.5bn, said that it had a deal to buy assets from Anglo American and Freeport-McMoRan for $4.2bn. Yesterday, the Hong Kong shares opened after a week’s suspension. They rose 8 per cent.
洛陽鉬業（China Molybdenum，簡稱CMOC）的企業之歌需要更新一下了。現在這首歌頌旭日從洛陽羣山間升起的主題歌，已經遠遠跟不上該公司本身的國際化程度了。上週，這家市值達75億美元的滬港兩地上市公司表示，已達成從英美資源集團(Anglo American)和自由港邁克墨倫(Freeport-McMoRan)收購資產的協議，總價42億美元。昨日，洛陽鉬業H股在停牌一週後復牌，股價收漲8%。
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