Chinese Stock Screen for Turnover, Relative Gains, and Institutional Flows

Summary

This Chinese equity screen selects stocks with turnover between 3% and 12%, a daily gain above 1% relative to peers in the same sector, and at least one positive institutional-flow measure. The article includes indicator-formula references and a Python example using stock listings, money-flow data, and recent daily prices to approximate these conditions. The code also applies listing and market filters, though its turnover calculation uses an average over the retrieved price history rather than a clearly stated single-day turnover.

The rationale is that trading activity, price strength, and institutional demand may help identify stocks with upward potential. No backtest or measured performance is provided. The stated limitation is that company fundamentals and industry trends are not incorporated, so the screen may be biased or uncertain. The article recommends adding financial and sector context, but does not test those additions.

Key ideas

• The screen requires turnover between 3% and 12%, a peer-relative daily rise above 1%, and positive institutional activity.
• The code approximates the screen with price and money-flow data, but its turnover calculation may differ from the stated rule.
• The article provides no backtest evidence or measured returns.
• Fundamentals and industry trends are cited as important omitted inputs.

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