Chinese Stock Screen Combining Theme, Industry, Valuation, and Trend Filters

Summary

This Chinese equity screening example combines a metaverse classification and a beverage and alcohol import/export industry classification with price, valuation, and trend conditions. The final screen requires a positive latest price change, a price-to-book ratio below the stated threshold of 3, and a rising 10-day moving average. The document also gives sample implementations using market-data libraries and a stock screening platform.

The accompanying rationale says industry information may help identify market themes, while technical filters may reduce the influence of short-lived price moves. It warns that reliance on industry news can neglect company fundamentals and suggests adding measures such as profit growth and valuation. No backtest method, selected-stock list, benchmark comparison, or performance evidence is supplied. The classification labels and data interfaces are platform-specific, and the stated conditions may be difficult to reconcile if the two categories are mutually exclusive. The example is therefore a screening recipe, not evidence of a profitable strategy.

Key ideas

• The screen combines metaverse and beverage and alcohol import/export classifications.
• It requires a positive latest price change and a price-to-book ratio below 3.
• A rising 10-day moving average is used as a trend filter.
• The author suggests adding company fundamentals to reduce dependence on industry information.
• No backtest results or evidence of profitability are provided.

Tags

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