China A-Share Momentum Screen Using Limit-Up Frequency

Summary

This stock screen targets Chinese shares associated with the metaverse theme and above a stated circulating-market-value threshold. It looks for recent limit-up activity, with the final selection rule requiring at least two limit-up sessions in the last five trading days and at least three in the last ten. The article also gives example screening logic based on daily price changes and sector classification, alongside references to valuation and market capitalization filters.

The rationale is to find stocks with recent strength and active market interest. The article warns that limit-up frequency can reflect short-lived sentiment rather than fundamental value, and that a broad market decline can overwhelm the screen. It suggests checking company financials and balancing exit timing against risk. No backtest, returns, or evidence of predictive performance is provided. The sample code and formula descriptions are illustrative and may require adjustment for data definitions, board-specific limit rules, and reliable sector classifications.

Key ideas

• The screen combines metaverse sector membership and a minimum circulating market value with recent limit-up frequency.
• The final rule requires multiple limit-up sessions across both a short and a longer trading window.
• Recent limit-ups may indicate momentum or sentiment, but do not establish fundamental value.
• Market-wide declines and blind pursuit of recent price gains are identified as risks.
• The article provides screening examples but no backtest or performance evidence.

Tags

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