Chinese Stock Screening with Turnover, Beverage Industry, and Reversal Filters

Summary

This post describes a Chinese equity screen combining a turnover-rate band, beverage and alcohol industry classification, and a reversal or engulfing-style price condition. It also presents illustrative formula and Python references. The accompanying code adds further filters, including selected listing-board prefixes, exclusion of Beijing-area firms and special-treatment names, small market capitalization, nonnegative valuation and return measures, and positive net profit. These details mean the code example does not map cleanly onto the simpler stated selection logic.

The post offers no backtest, portfolio rules, holding period, benchmark comparison, or measured returns. It warns that the reversal definition may be too narrow and that technical and fundamental factors are not fully considered. It suggests combining reversal with fundamentals, technical analysis, and liquidity, but does not define those additions. The screen is a starting hypothesis; its criteria, data fields, and timing would need validation before live use.

Key ideas

• The stated screen combines a turnover range, beverage and alcohol industry membership, and a reversal condition.
• The code example includes additional market, valuation, profitability, and listing filters.
• The post provides no backtest or evidence of realized strategy performance.
• The author notes that reversal criteria and other company characteristics may need broader consideration.

Tags

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