Chinese Stock Screening by Turnover, Beverage Sector, and Limit-Ups

Summary

The document presents a Chinese equity screening rule combining turnover, industry classification, and recent limit-up activity. It selects beverage and alcohol import-export stocks with turnover between 3% and 12% and at least two limit-ups within a 500-day window. It includes example formula logic and Python code intended to illustrate stock filtering with Tushare data.

The accompanying commentary says the screen seeks stocks with potential growth, but provides no backtest, performance figures, or evidence that the selection criteria predict returns. It cautions that the screen omits company fundamentals and financial data, and that repeated limit-ups may not persist and can bring substantial risk. Suggested refinements include adding valuation and financial measures alongside technical indicators. The example code and stated screening logic may not match perfectly, so implementation details should be checked before use.

Key ideas

• The screen combines a 3%–12% turnover range with a beverage and alcohol industry filter.
• It seeks stocks with at least two limit-ups over a 500-day period.
• The document gives sample formula logic and Python code for assembling the screen.
• It offers no performance evidence and warns that the rules omit fundamental analysis.

Tags

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