Chinese Stock Screening with Turnover, Beverage Industry, and Weekly Candles

Summary

This document outlines a Chinese equity screening rule that combines turnover between 3% and 12%, membership in a beverage and alcohol import/export category, and a bullish weekly candle. It presents the screen as a way to find stocks with upward price momentum, then gives example indicator formulas and a Python workflow using stock and daily market data. The code also applies additional filters, including listing-board exclusions, company name, valuation, profitability, and market capitalization criteria; these details make the example implementation differ from the stated core rule.

The article warns that the screen depends heavily on the weekly candle condition and may lose accuracy in different market environments. It provides no backtest, return figures, or comparison with a baseline, so the suggested potential benefit is not demonstrated. The Python example uses a particular historical date and data-provider fields, and its implementation choices may require adaptation before use. The article suggests adding technical or fundamental filters, but does not evaluate those changes.

Key ideas

• The core screen combines a specified turnover range, a beverage and alcohol import/export category, and a bullish weekly candle.
• The article provides indicator formulas and a Python example using Chinese stock data.
• The code includes filters beyond the headline screening rule.
• The author identifies market-regime sensitivity as a limitation.
• No backtest results or evidence of profitability are presented.

Tags

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