Chinese Stock Screen Using Turnover, Daily Gains, and Popularity

Summary

This Chinese-market stock screen selects non-ST main-board shares with turnover between 3% and 12% and a daily gain above 1%, then ranks the candidates by individual-stock popularity. The post also gives an example indicator formula and Python outline for screening market data. The approach combines a minimum activity filter, positive daily price movement, and a popularity ranking; it does not describe entry timing, exits, or portfolio construction.

The author cautions that popularity rankings may not reflect investment merit and that policy or sentiment shifts can move prices for reasons the screen does not capture. Suggested additions include valuation and growth measures, price-volume analysis, and capital-flow indicators. No backtest results or performance evidence are provided, so the criteria are presented as a selection rule rather than a validated strategy.

Key ideas

• The screen requires non-ST main-board stocks with turnover from 3% to 12% and daily gains above 1%.
• Candidates are ordered by a stock popularity measure.
• Popularity rankings may not represent a company's investment value.
• The post suggests combining the screen with valuation, growth, price-volume, or capital-flow measures.
• The document provides no backtest evidence for the selection rule.

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