Chinese Stock Screening by Range, Float Size, and Turnover

Summary

This post describes a Chinese equity screen combining a prior-session price-range condition, a cap on freely tradable shares, and a minimum previous-day trading value. The stated purpose is to find stocks with both some price movement and enough trading activity for execution. It also shows example implementations in two trading environments and ranks qualifying names by turnover rate, selecting a fraction of the candidate list.

The author identifies key limitations: the screen does not assess company fundamentals, and volatile smaller-cap stocks can carry elevated risk. Suggested additions include RSI or MACD monitoring, fundamental filters for stronger or growing companies, and explicit risk controls such as stop losses. The post provides no performance results or evidence that the screen is profitable; the threshold choices and ranking approach are presented as a screening recipe, not a validated strategy. Its examples also mix the selection rules with implementation details, so users would need to verify data fields and timing conventions in their own platform.

Key ideas

• The screen combines a prior price-range threshold with limits on freely tradable shares and previous-day trading value.
• It aims to select stocks with price movement and sufficient trading activity.
• The examples rank eligible stocks by turnover rate and retain a subset of the candidates.
• The screen omits fundamental analysis and may expose users to higher risk from volatile smaller-cap stocks.
• The author suggests adding technical monitoring, fundamental filters, and risk controls, but reports no strategy performance.

Tags

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