Chinese Stock Screening by Turnover, Order Flow, and Robotics Theme

Summary

This document describes a Chinese equity screening rule combining a turnover range of 3% to 12%, an external-to-internal trading volume ratio above 1.3, a robotics concept classification, and circulating market capitalization below 10 billion yuan. It also lists filters for excluding Beijing-listed stocks and requiring nonnegative profits, with sample formula and Python implementations.

The article presents the screen as a way to identify robotics-related companies with trading activity and smaller market capitalizations. It offers no backtest, performance figures, or evidence that these criteria predict returns. It acknowledges that a narrow robotics classification and size limit can exclude other promising firms, and suggests adding industry measures such as orders and market share. The code and described rules should be checked for consistency before use, since some formula fields do not directly correspond to all the stated screening conditions.

Key ideas

• The screen combines turnover between 3% and 12% with an external-to-internal volume ratio above 1.3.
• It requires a robotics concept classification and circulating market capitalization below 10 billion yuan.
• The sample implementation also excludes Beijing-listed shares and filters for nonnegative profits.
• The article provides no performance evaluation and notes that its sector and size filters may omit eligible companies.

Tags

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