Screening A-Shares by Turnover, Listing Market, and Institutional Flow

Summary

This document presents a Chinese A-share screening rule that selects stocks with turnover between 3% and 12%, excludes Beijing-listed shares, and requires the institutional-flow indicator to be positive. It provides a corresponding platform formula and a Python example that queries stock and money-flow data. The intended rationale is to identify shares attracting institutional buying while keeping turnover within a chosen range.

The article offers no historical test, return results, or evidence that positive reported flow predicts future performance. It notes that the screen omits price and fundamental information, that company results may deteriorate even when flows are positive, and that flow data may be inaccurate. It suggests combining the flow condition with technical or fundamental measures and choosing thresholds with reference to historical and industry context. The Python example illustrates the data workflow rather than a validated implementation of all the stated filters.

Key ideas

• The screen requires turnover between 3% and 12% and excludes Beijing A-shares.
• It selects stocks with a positive institutional-flow reading.
• The article cautions that flow alone omits price and fundamental risks and may be measured inaccurately.
• It recommends combining flow with other indicators and assessing thresholds using historical and industry context.

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