A-Share Screening by Turnover, Recent Dragon-Tiger Listings, and Float Value
Summary
This note describes a Chinese A-share filter combining a turnover rate between 3% and 12%, a Dragon-Tiger list appearance the previous day, and a floating market capitalization between 5 billion and 10 billion yuan. It presents this as a way to find actively traded stocks of moderate size and gives example screening logic.
The post cautions that the screen relies on trading activity and size without assessing fundamentals or long-term prospects, so it may select lower-quality shares or encourage chasing short-term moves. It suggests supplementing the filter with financial statement measures and technical indicators, and allowing more flexible criteria. No backtest, performance figures, or supporting empirical evidence are provided, so the screen should be treated as a selection recipe rather than a demonstrated strategy.
Key ideas
- The screen selects stocks with turnover between 3% and 12% and a Dragon-Tiger list appearance the prior day.
- It also requires floating market capitalization between 5 billion and 10 billion yuan.
- The post warns that these activity and size filters omit company fundamentals and long-term prospects.
- It recommends adding financial and technical measures for broader evaluation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.