Chinese Metaverse Stock Screen Using Float Value and Control Holdings

Summary

This note describes a Chinese equity screen for metaverse-related stocks with a circulating market value above 10 billion yuan and a reported daily control-holdings measure above 21. It presents the measure as an indication that large investors hold a concentrated share of trading positions, and frames the screen as combining a sector theme, company size and positioning information.

The article mentions On-Balance Volume (OBV) and provides a Python example that filters symbols and compares an OBV value with a threshold. That example does not clearly implement the stated sector, market-value and control-holdings criteria, so the relationship between the proposed screen and the sample code is uncertain. The note gives no backtest or performance evidence. It cautions that the filter omits broad market risk and company fundamentals, may produce few candidates, and could be affected by speculative positioning. It suggests considering trend, volume, capital-flow and news signals alongside the original conditions.

Key ideas

• The screen combines metaverse classification, circulating market value above 10 billion yuan and a daily control-holdings threshold above 21.
• The article interprets concentrated large-investor holdings as a positioning signal.
• It references OBV, but the sample code does not clearly match all stated screening conditions.
• The screen omits market-wide risks and company fundamentals, and the author notes that it may yield few stocks or be vulnerable to speculation.
• Trend, volume, capital-flow and news measures are suggested as possible additions.

Tags

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