Chinese Stock Screen Using Turnover, Daily Gains, and Company Type

Summary

This note outlines a Chinese stock-selection filter combining turnover, daily price change, listing-board status, and company classification. It selects non-ST main-board stocks with turnover between 3% and 12%, a daily gain above 1%, and a company type categorized as high-growth, stable, or consistently dividend-paying. A Python example groups market data by stock and applies the turnover, price-change, and company-type checks to the latest observation.

The document presents the company classification as an added way to tailor the screen, but warns that labels alone may obscure financial condition or industry prospects. It suggests adding valuation measures and further price-and-volume analysis. The example describes selection logic rather than a complete investment process: it does not specify how classifications are assigned, show a backtest, or report results. Its screening rules therefore provide a starting point for research, not evidence of returns or risk-adjusted performance.

Key ideas

• The screen selects non-ST main-board stocks using turnover between 3% and 12% and a daily gain above 1%.
• It includes high-growth, stable, and consistently dividend-paying company categories.
• The example applies the conditions to the latest observation for each stock.
• The article warns that company labels may not capture financial health or industry prospects.
• No backtest or performance results are supplied.

Tags

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