Chinese Stock Screening with Weekly MACD and Dividend History

Summary

This post describes a Chinese equity screen using capital inflows, a 2019 dividend ratio above 25%, and weekly MACD above its zero axis. It interprets stronger inflows as possible buying interest, the positive MACD condition as an indication of an uptrend, and the dividend threshold as a shareholder-return filter. The final logic begins to add a turnover condition below 30%, but the source text ends before that rule is fully presented.

The article discusses possible extensions, including turnover, volume, valuation ratios, moving averages, and other technical indicators. It does not report a backtest, sample, or performance statistics, so the suggested signals are not empirically validated in the document. It notes that capital flows can reflect sentiment or policy, MACD responds to price movements, and an old dividend measure may not reflect current company conditions. The post also leaves key implementation choices unspecified, including how flows and dividend ratios are calculated, the precise MACD convention, and when stocks are selected or rebalanced.

Key ideas

• The proposed screen combines capital inflows, a 2019 dividend ratio above 25%, and weekly MACD above zero.
• The final selection description starts to add a turnover ceiling below 30%, but is truncated.
• The post proposes adding volume, valuation, and technical measures as further filters.
• No backtest or performance evidence is given, and several input definitions remain unspecified.

Tags

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