Mainland China Stock Screen Using Turnover, Daily Gains, and Profit Growth

Summary

This screen looks for mainland Chinese main-board stocks with turnover between 3% and 12% and a daily gain above 1%. It also describes a market-cap ceiling of 10 billion yuan and a positive profitability or growth condition. The rationale is to combine active trading, recent price strength, smaller company size, and a record of positive earnings.

The article warns that a positive profit record does not ensure future profitability and that a small-cap focus carries risk. The examples use different proxies for the stated conditions, including a recent eight-year average profit-growth measure, and do not fully align on market-universe details. No backtest or return evidence is supplied; the article suggests adding technical, financial, and risk measures before relying on the screen.

Key ideas

• The stated filters include turnover from 3% to 12% and a daily gain above 1%.
• The screen targets main-board shares, a market capitalization ceiling of 10 billion yuan, and positive earnings-related criteria.
• The examples operationalize profitability and market-universe rules inconsistently.
• The article notes small-cap and future-profitability risks and supplies no performance results.

Tags

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