Chinese Stock Screen Using Turnover, IPO Year, and Afternoon Net Inflows

Summary

This Chinese equity screening idea combines a turnover range of 3% to 12%, an IPO year of 2021, and substantial afternoon net buying. The accompanying example describes filtering exchange-listed shares by IPO year, then totaling transaction buys and sells after 1 p.m. and retaining those whose net inflow reaches a stated threshold. The article presents the screen as a way to identify active stocks with buying demand.

The method is a simple filter, not a complete trading system: it provides no entry timing, exit rules, benchmark, or performance evidence. The article itself notes that it does not assess valuation or growth, that rigid thresholds may exclude candidates, and that historical data may not adapt to changing conditions or temporary price swings. It recommends adding company and asset characteristics and conducting further analysis. The example code's implementation also does not visibly apply the stated turnover range, so the described screen and sample implementation are not fully aligned.

Key ideas

• The stated screen selects shares with 3%–12% turnover, a 2021 listing year, and notable afternoon net inflows.
• The example estimates afternoon net inflow by subtracting transaction sells from buys after 1 p.m.
• The article provides no backtest or performance evidence for the selection logic.
• It warns that the screen omits valuation and growth and may be too restrictive or insensitive to market changes.

Tags

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