Chinese Stock Screening by Turnover, Recent Limit-Ups, and Market Cap

Summary

This Chinese A-share screening idea selects stocks with turnover between 3% and 12%, at least one limit-up event in the prior 25 days, and market capitalization above 200 million. The accompanying discussion frames these conditions as a way to find stocks with moderate trading activity, recent price strength, and some minimum scale. It also suggests incorporating company fundamentals and industry prospects, including leverage and gross margin, to refine the screen.

The document provides a technical-indicator expression and a Python example intended to illustrate data filtering, but it reports no backtest results or performance evidence. Its own caveats are that the screen may overemphasize short-term action, overlook long-term company prospects and industry cycles, and react strongly to market swings or news. The proposed fundamental additions are suggestions for further research rather than validated improvements; the document gives no evidence that they reduce risk or improve returns.

Key ideas

• The screen requires turnover between 3% and 12%, a limit-up event in the previous 25 days, and market capitalization above 200 million.
• The selection logic emphasizes recent price activity and trading conditions rather than long-term valuation alone.
• The document recommends considering fundamentals such as leverage, gross margin, and industry prospects as additional filters.
• It warns that short-term signals can be vulnerable to market volatility, news, and industry cycles.
• No performance results are provided, so the screen’s effectiveness remains unverified.

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