A Chinese Equity Breakout Screen with Volatility and Float-Cap Filters

Summary

This Chinese equity screen combines a non-ST requirement, a minimum intraday range, a five-session closing-price high, and a circulating market capitalization between 5 billion and 10 billion yuan. The article frames the conditions as a way to find active stocks with upward price action and moderate size. It also says selection is intended before 10 a.m., though the supplied screening conditions do not clearly implement that timing constraint.

The document warns that the method emphasizes activity and price shape while overlooking company financials and operations; it suggests adding sector, valuation, and business-quality analysis. Its formula references are inconsistent: the narrative gives a range above 1 and a 5-to-10-billion capitalization band, while the sample code uses an absolute range calculation and a 50-to-100-billion band, and another condition appears contradictory. No backtest or return evidence is reported, so the screen's results and intended rules are uncertain.

Key ideas

• The described screen uses intraday range, a recent closing-price high, ST status, and circulating market capitalization.
• The article intends the screen for selection before 10 a.m., but its conditions do not clearly encode the time.
• The explanation and sample implementation disagree on the range and capitalization thresholds.
• The strategy omits fundamental analysis and provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.