Chinese A-Share Screening by Turnover and Enterprise Type

Summary

This post outlines a Chinese stock screen for shares whose codes begin with 60, with turnover between 3% and 12%, and with a selected enterprise type. It explains that the screen combines a trading-activity filter with a company classification, then suggests adding financial measures such as profit growth and revenue relative to assets, alongside industry trends and policy conditions.

The accompanying example code is incomplete and does not fully match the stated rules: it also filters on price and positive PE, while the article’s prose does not specify those conditions. The enterprise-type field is a placeholder, and no securities, backtest, or performance evidence is provided. The post itself cautions that enterprise type may not reflect current market needs and that the screen’s feasibility is complex, so the criteria should be treated as an idea for further research rather than a validated strategy.

Key ideas

• The proposed screen selects Shanghai-listed shares with turnover between 3% and 12% and a chosen enterprise type.
• The author suggests adding financial measures and contextual factors such as industry direction and policy conditions.
• The code example includes extra price and PE checks that are absent from the stated final screen.
• The post gives no performance results, and the enterprise classification criterion is left unspecified.

Tags

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