Chinese Stock Screening with Turnover, Profit Growth, and Moving Averages

Summary

This Chinese stock screen combines liquidity, earnings growth, and price-trend conditions. It selects shares with turnover between 3% and 12%, parent-company net profit growth above 20% and no more than 100%, and at least five moving averages meeting the article’s stated alignment condition. The post gives both a formula-style version and a Python example intended to illustrate how to retrieve stock, profit, and price data before filtering candidates.

The author describes the criteria as relatively strict and cautions that market changes can make the screen less effective or leave very few stocks. The post suggests adapting thresholds and considering additional indicators, but it supplies no backtest, performance results, or detailed rationale for the thresholds. Its code examples also contain implementation ambiguities: the Python example compares a small set of retrieved closing prices for exact equality rather than calculating distinct moving averages, and its data fields and date handling would need checking. Treat the screen as an idea to validate, not as evidence of an effective strategy.

Key ideas

• The screen combines turnover, year-over-year parent-company profit growth, and moving-average alignment.
• The stated turnover band is 3% to 12%, while profit growth must be above 20% and at most 100%.
• The post warns that strict filters may yield very few candidates and may not adapt well to changing markets.
• The examples need implementation review, and the document provides no backtest evidence.

Tags

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