Chinese Stock Screen Using Daily Range, Convertible Bond Link, and Two-Day High

Summary

This Chinese-market screening proposal selects stocks whose daily price move is at least one percent in either direction, whose convertible-bond name field is populated, and whose high is the highest of the latest two observations. The article presents the bond-name condition as a way to include companies associated with convertible bonds, while the range and recent high are intended to capture movement and near-term strength. It gives both a screening-formula reference and a Python-style implementation outline.

The author warns that relying on a two-day high can miss relevant information and may produce delayed or mistaken selections in fast markets. Suggested additions include other technical indicators and company fundamentals. The page offers no historical backtest, performance evidence, or comparison against a benchmark. Its formula and code examples also differ in how they describe or implement the filters, so users would need to verify that the screen matches their intended data definitions before relying on it.

Key ideas

• The screen combines a daily move threshold, a populated convertible-bond name field, and a recent two-day high condition.
• The proposal is aimed at stock selection in the Chinese market.
• The article suggests adding technical indicators and fundamental data to broaden the screen.
• No backtest or performance evidence is provided, and the formula and code descriptions should be checked for consistency.

Tags

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