A Chinese Stock Screen Using Turnover, Daily Gains, and Dragon-Tiger Listings
Summary
This post describes a short-term A-share screening rule: select main-board stocks with turnover between 3% and 12%, a daily gain above 1%, and a top-five Dragon-Tiger list appearance the previous day. It frames turnover and price movement as technical and volume signals, while the prior-day institutional trading list is intended as a clue to notable market participation. The post also suggests adding valuation measures such as price-to-earnings or PEG and conducting broader fundamental analysis.
The evidence is a rule description and example indicator and Python snippets; it provides no backtest, performance results, or validation that list appearances indicate institutional support. The post itself cautions that the listed stocks can rise sharply or fall quickly, and that delayed trading data can affect the interpretation of a prior-day appearance. Its code examples do not fully match the stated screen: the Python snippet checks listing and recent list data, while not explicitly enforcing every stated condition.
Key ideas
- The screen combines a turnover range, a daily gain threshold, main-board status, and a prior-day top-five Dragon-Tiger appearance.
- The author treats the list appearance as a signal of notable trading activity, not as proof of lasting institutional demand.
- Rapid reversals and delayed list data are identified as risks.
- Valuation and other fundamental measures are suggested as possible additional filters.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.