Chinese Stock Screen Using Turnover, Profit Growth, and Recent Limit-Ups

Summary

This document presents a Chinese equity screen requiring turnover within a specified band, parent-company net profit growth within a stated range, and at least one limit-up event during the preceding month. It describes the approach as combining fundamental and technical criteria, and provides example indicator and Python code for identifying stocks that meet the filters. The Python example also applies exclusions to certain listings and sorts or prints the resulting candidates.

The article cautions that a recent limit-up may reflect speculation rather than durable strength, and that broad criteria can admit low-quality companies. It proposes adding technical indicators and tightening the filters, but supplies no backtest, performance results, or evidence that the suggested changes improve outcomes. The examples depend on data fields and calculations whose accuracy and timing are not validated in the text, so the screen is best understood as an illustrative selection rule rather than a tested strategy.

Key ideas

• The screen combines turnover, year-over-year net profit growth, and a recent limit-up event.
• The article provides example code for applying the filters to Chinese equities.
• A limit-up event may reflect speculation and does not establish continued upside potential.
• The authors characterize the screening criteria as broad and suggest adding indicators or tightening them.
• No backtest or performance evidence is presented.

Tags

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