A method of preparing hollow molybdate composite microspheres includes steps of: (1) dissolving 1-4 mmol of MCl2 in 20 ml of water to obtain a solution A and dissolving 1-4 mmol. of molybdic acid in 20 ml of water to obtain a solution B, followed by mixing the solution A and the solution B, in which M is Co, Ni, or Cu; (2) dissolving 10-40 mmol of urea in 40 ml of water, adding the mixed solution of step (1) and stirring uniformly; (3) placing the mixed solution of step (2) into a reaction vessel and reacting at 120-160° C. for 6-12 hours; (4) suction filtrating and water washing, followed by drying in a vacuum oven at 40-60° C.; (5) calcination at 350-500° C. for 2-4 hours in a Muffle furnace.