Chinese Beverage Stocks Screened by Turnover and Seven-Day Declines

Summary

This Chinese equity screen selects companies associated with beverage and alcohol imports or exports, with turnover between 3% and 12%, whose closing prices have fallen on each of the preceding seven trading days. It presents formula references and a Python example using market data to combine industry, turnover, and recent price-change filters; the example also excludes stocks marked ST.

The source frames the approach as a technical and industry-based screen and explicitly cautions that it omits company fundamentals, competitive position, and other relevant factors. It offers no backtest, return data, or evidence that the filters predict a rebound or continued decline. The listed conditions describe a candidate-selection rule, not a complete trading strategy, and the example’s industry mapping and date choices may need adaptation to the data source and research objective.

Key ideas

• The screen filters for beverage and alcohol-related companies using an industry classification.
• It requires turnover in the stated 3% to 12% range and seven consecutive daily price declines.
• The example combines industry, turnover, and historical price data and excludes ST-designated stocks.
• The source warns that fundamentals and competitive factors are missing, and reports no performance test.

Tags

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