Chinese Stock Screen Ranked by Volume Ratio with Small Float and Limited Opening Gap

Summary

This Chinese equity screen ranks candidates by volume ratio, from highest to lowest, while requiring the stated circulating-size limit of no more than 5.5 billion shares and a 9:25 opening gain below 6%. The explanation also describes the size threshold using circulating market value, so the measure is not fully consistent across the post. The strategy aims to combine relative trading activity, a smaller available float, and a restrained opening move.

The document gives screening conditions and names corresponding indicators, but supplies no backtest, return figures, or evidence that the combination predicts gains. It explicitly cautions that a screen only identifies stocks meeting its conditions and cannot forecast future price direction. It suggests adding technical and fundamental measures, or using more advanced quantitative methods, but does not specify or validate those additions. The post leaves execution, holding period, position sizing, and exit rules undefined, so the screen alone is not a complete trading system.

Key ideas

• Candidates are ranked by volume ratio in descending order.
• The stated circulating-size ceiling is 5.5 billion shares, though the explanation also refers to market value.
• The 9:25 opening gain must be below 6%.
• The post provides no evidence that the screen predicts subsequent returns.
• It leaves trade execution, holding period, and risk controls unspecified.

Tags

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