Chinese Small-Cap Stock Screening with Positive Profit and Rising 30-Day Trend

Summary

This document describes a Chinese stock screen combining daily price range, market capitalization, profitability, and a rising-price condition. It selects stocks with an intraday high-low range of at least 1%, market capitalization under 10 billion yuan, positive net profit, and a close above its 30-day moving average. The article also suggests adding fundamentals such as return on equity and revenue growth, plus longer-term industry and policy considerations.

The screen is presented with formula and Python examples, but no performance study or backtest results. The article warns that relying on price movement and historical prices can miss important fundamentals, while focusing on short-term trends can overlook longer-term changes. Its examples also add filters for market segment and tradable capitalization, so implementation details differ from the headline rules. The proposed conditions are screening criteria, not evidence of profitability or risk control.

Key ideas

• The screen requires a daily high-low range of at least 1% and market capitalization below 10 billion yuan.
• It filters for positive net profit and a closing price above the 30-day moving average.
• The article proposes adding fundamental and longer-term context to the screen.
• It provides no backtest evidence, and its sample code adds market-segment and tradable-capitalization filters.

Tags

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