Chinese Stock Screen Using Turnover, Float Size, and Enterprise Type
Summary
This Chinese equity screen filters stocks by turnover, circulating share size, and a specified enterprise attribute. The stated criteria set turnover between 3% and 12% and circulating shares at no more than 5.5 billion. The article also gives an example of applying an additional ROE filter above 10%, while its discussion recommends considering other fundamentals and valuation measures.
The enterprise attribute is left as a placeholder, so the screen cannot be fully reproduced without defining the intended category and its data source. The post identifies a risk of treating enterprise type as a substitute for broader fundamental analysis. It offers sample filtering logic but no backtest, stock list, benchmark, or performance evidence. The implementation details should also be reconciled: the narrative includes a lower turnover bound, while the final prose condition mentions only the upper bound.
Key ideas
- The screen uses turnover between 3% and 12% and a circulating-share cap of 5.5 billion.
- A specific enterprise attribute is required, but the post does not define it.
- An example adds an ROE threshold above 10% as a further filter.
- The article reports no performance evidence and notes that the screen may omit important fundamentals.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.