Chinese Stock Screen Using Amplitude, Dividend Yield, and Float Capitalization

Summary

This Chinese-language post describes an A-share stock screen combining price amplitude, a 2019 dividend yield threshold, and a range for floating market capitalization. The intended logic selects stocks with amplitude above 1, dividend yield above 25%, and float capitalization between 5 billion and 10 billion yuan. The post suggests these filters seek active price movement, relatively high dividends, and mid-sized companies. It includes example formula and Python snippets that translate the criteria into Boolean filters.

The post acknowledges that the screen omits important company fundamentals and macroeconomic conditions, and it characterizes the capitalization band as a rough cutoff. It suggests adding valuation and macro indicators or refining the size buckets. No historical returns, benchmark comparison, transaction-cost analysis, or out-of-sample test is reported. The proposed dividend and amplitude measures also depend on precise data definitions and timing; the article does not explain survivorship bias or how the screen would be rebalanced. Treat it as a basic screening recipe rather than evidence of a profitable strategy.

Key ideas

• The screen combines price amplitude, a 2019 dividend yield threshold, and a floating market capitalization band.
• The stated capitalization range is 5 billion to 10 billion yuan, and the dividend yield cutoff is above 25%.
• The post provides example formulas for applying the three filters to stock data.
• The author notes that the screen omits broader fundamentals and macroeconomic influences.
• No backtest or evidence of realized strategy performance is presented.

Tags

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