Chinese Stock Screen Combining Turnover, Rising KDJ, and Limit-Up Conditions

Summary

This Chinese-language post describes a stock-selection screen for non-ST shares, excluding suspended stocks. It selects shares with turnover between 3% and 12% and a rising KDJ K value, then applies limit-up-related conditions intended to capture short-term trading interest. The referenced conditions include a current high equal to the close, a time filter after 10:00, and a comparison involving the previous session’s high and an earlier close. The post supplies both indicator-style selection conditions and a Python example based on tabular market data.

The author characterizes the approach as a way to combine liquidity, technical strength, and a recent limit-up setup. The post also cautions that buying after a limit-up can expose traders to pullbacks, and that reliance on market sentiment leaves company fundamentals underexamined. It suggests combining the screen with other technical and fundamental inputs. No backtest results, execution assumptions, or risk statistics are provided. The screen is specific to Chinese equity conventions and its limit-up logic and intraday timing assumptions may require careful validation before use.

Key ideas

• The screen filters for turnover between 3% and 12% and a rising KDJ K value.
• It excludes ST-designated and suspended shares.
• Limit-up-related price conditions are intended to identify short-term momentum.
• The post warns that buying after a limit-up may lead to pullbacks and relies heavily on market sentiment.
• No backtest or performance statistics are provided, so the selection rules need independent evaluation.

Tags

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