Chinese Stock Screening by Turnover, Float Value, and Uptrend Onset

Summary

This stock-screening proposal selects Chinese equities with turnover between 3% and 12%, circulating market value between 5 billion and 10 billion yuan, and a condition described as the beginning of a major upward move. It presents the turnover and market-value ranges as filters for active, popular stocks, while acknowledging that the uptrend-onset condition is subjective unless defined quantitatively. Example formula and Python-style logic are included as implementation references, with a warning that field names depend on the data source.

The post notes that the screen relies mainly on technical criteria and may be exposed to market sentiment. It suggests adding basic valuation measures such as price-to-earnings or price-to-book ratios and defining trend onset through price patterns or moving averages. It supplies no backtest results, risk-adjusted performance, or precise operational definition of the trend condition. The proposed screening ranges are therefore a starting point for research, not evidence of a validated strategy.

Key ideas

• The screen combines a 3%–12% turnover range with circulating market value of 5–10 billion yuan.
• It also requires a condition intended to identify the start of a strong rising trend.
• The post recognizes that this trend condition needs an objective definition to be reproducible.
• It suggests adding valuation measures and using price patterns or moving averages to refine selection.
• No backtest results or evidence of profitability are provided.

Tags

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