Chinese Stock Screen Using RSI, Mid-Capitalization, and Exchange Exclusions

Summary

The document presents a Chinese equity screen that requires a 14-period RSI below 65, a circulating market value between 5 billion and 10 billion yuan, and exclusion of Beijing-listed A shares. The example code applies these filters and, when enough candidates remain, sorts them by percentage price change and returns up to five names. The stated rationale is to combine a technical condition with a market-capitalization range and a venue exclusion.

The screen is a selection recipe rather than a demonstrated strategy: no historical returns, benchmark, or out-of-sample results are provided. The text notes that RSI alone may be incomplete, that excluding a market segment can remove worthwhile stocks, and that financial conditions are not considered. It suggests adding financial and technical measures, though those additions are not specified or evaluated. The example’s exchange exclusion is encoded through stock-code prefixes, so its accuracy and coverage depend on the dataset and market conventions used. The document offers no evidence that the filters predict future returns.

Key ideas

• The screen selects stocks with RSI below 65 and circulating market value from 5 billion to 10 billion yuan.
• It excludes Beijing-listed A shares using stock-code prefixes in the example.
• The example ranks eligible candidates by percentage price change and returns up to five names.
• The document warns that RSI and market capitalization omit financial and other market information.
• No backtest evidence is supplied to establish predictive value or profitability.

Tags

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