Chinese Stock Screening with Turnover, Profit Growth, and Rising KDJ

Summary

This stock screen combines a turnover range of 3% to 12% with year-over-year growth in net profit attributable to the parent company above 20% and up to 100%. It also requires the KDJ K value to be rising, using a prior-period comparison. The article presents the combination as a way to pair a fundamental growth filter with a technical momentum condition.

The post gives example indicator and Python implementations, but it does not report backtest results or establish predictive performance. It cautions that the screen may favor short-term signals and that technical criteria can be subjective. The suggested next steps are to refine indicator weights, assess company fundamentals, and backtest the rules; the examples also rely on particular data fields and reporting periods that may need validation before use.

Key ideas

• The screen filters for turnover between 3% and 12%.
• It requires parent-company net profit growth above 20% and no more than 100%.
• A rising KDJ K value supplies the technical condition.
• The article provides implementation examples but no performance evidence.
• It recommends further fundamental review and backtesting.

Tags

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