Mainland China Stock Screening by Turnover, Daily Gain, and Prior-Day Trading Value

Summary

This document describes a mainland China stock screen requiring turnover between 3% and 12%, a daily gain above 1%, main-board listing, non-ST status, and prior-day trading value above 60 million. The rationale is to focus on stocks with moderate trading activity, positive recent price performance, and comparatively strong prior-session trading value. It also suggests adding moving averages, volume measures, company financials, industry conditions, and policy factors when evaluating candidates.

The post warns that the screen may omit important company fundamentals and can be sensitive to market themes, so its selections may need reassessment as conditions change. It provides no historical test, performance figures, or evidence that the criteria predict returns. Although it references platform templates, the indicator and Python code sections are marked as unfilled, leaving the screening idea more fully specified than its implementation. The rule is therefore a candidate-generation filter, not a complete portfolio or risk-management process.

Key ideas

• The screen combines turnover, same-day price gain, listing segment, ST status, and prior-day trading value.
• It aims to select actively traded stocks with positive price movement and meaningful recent trading value.
• The document recommends considering technical, company, industry, and policy information alongside the screen.
• It cautions that theme-driven conditions and missing fundamental analysis create risk.
• No backtest results or completed implementation are provided.

Tags

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