Chinese Stock Screen Using Turnover and Recent Limit-Up Activity

Summary

This stock screen selects shares with turnover between 3% and 12%, at least one limit-up event in the prior 25 days, and prior-day actual turnover within a stated range of 3 to 28. The document frames these filters as a way to combine market activity and liquidity, particularly when investor sentiment is strong. It includes a formula reference and a Python-style example, but provides no backtest, sample, or performance results.

The strategy may miss company fundamentals such as profitability and financial condition, and its precision depends on parameter choices. The article recommends combining the filters with technical and fundamental analysis and adjusting settings as market conditions change. Its code example adds additional data conditions, so implementation details may not exactly match the verbal rule; the turnover units and calculation should be checked before relying on the screen. No evidence is offered that the selected stocks will rise.

Key ideas

• The screen requires turnover of 3% to 12%, a limit-up event in the preceding 25 days, and prior-day turnover from 3 to 28.
• The method is presented as a filter for liquid stocks with elevated market activity.
• The document supplies code references but does not report test results.
• The author warns that the screen can overlook company fundamentals.
• Parameters and implementation details should be checked and validated against market conditions.

Tags

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