Chinese Stock Screening by Opening Gain, Market Value, and Trading Volume

Summary

This note describes a Chinese equity screening rule that ranks stocks by trading volume or capital strength, requires a circulating market value above 200 million yuan, and excludes stocks whose gain at 9:25 exceeds 6%. The stated rationale is to favor liquid shares with strong trading activity while avoiding steep pre-open gains that might be followed by a reversal. The post also suggests adding valuation and technical indicators for further screening.

The document provides no backtest, performance figures, or detailed definition of its capital-strength measure. It presents the rule as a selection idea and acknowledges that it omits company fundamentals, industry conditions, and valuation measures. Its claims about liquidity and avoiding weak opens are explanations of the intended rationale, not demonstrated results; the screen alone does not establish that selected shares will rise or avoid losses.

Key ideas

• The screen ranks eligible stocks by trading volume or capital strength.
• It requires circulating market value above 200 million yuan.
• It excludes stocks with a 9:25 gain of 6% or more.
• The post suggests adding valuation and technical measures for a broader assessment.
• No backtest or performance evidence is provided.

Tags

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