Chinese Stock Screening with Turnover, Limit-Ups, and 龙虎榜 Activity

Summary

This document describes a Chinese equity screening idea combining a 3%–12% turnover range, at least one limit-up event in the prior 25 days, and an appearance on the previous day’s 龙虎榜, a list of stocks with notable trading activity. It frames turnover and limit-ups as signs of trading interest, then adds the ranking list to identify stocks attracting attention. The supplied indicator and Python examples also include price and moving-average conditions, so the implementation appears broader than the headline screen.

The article gives no backtest or performance evidence. It warns that sentiment and trading activity can overlook company finances, asset quality, profitability, and industry competition; attention on the ranking list may not reflect business prospects. It suggests adding fundamental and industry filters. The code is presented as a reference, and its data definitions and timing may not match the stated screening logic exactly. The strategy is therefore a descriptive screening example, not evidence that the selected stocks have strong returns or lower risk.

Key ideas

• Turnover between 3% and 12% is used to select stocks with a chosen level of trading activity.
• A limit-up event within the previous 25 days serves as a proxy for recent market interest.
• The screen adds previous-day 龙虎榜 appearance as another measure of attention.
• The code examples include additional price and moving-average conditions beyond the headline criteria.
• The article provides no performance results and recommends considering fundamentals and industry conditions.

Tags

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