Screening Chinese Beverage Stocks by Turnover and Prior-Day Price Limit

Summary

The document describes a Chinese equity screening rule that selects beverage and alcohol related companies, requires turnover within a stated 3% to 12% range, and excludes stocks that hit the daily upper price limit on the previous day. It provides example screening expressions and Python code that combine industry classification, turnover-related data, and daily closing prices. The code also uses a sample trading date, so it illustrates the procedure rather than a live or generally validated implementation.

The post offers no performance results or evidence that these filters predict returns. It explicitly notes that the screen omits company fundamentals and financial data, and suggests adding measures such as valuation ratios for a more complete selection process. The industry classification and price-limit thresholds are platform-specific assumptions, so users would need to check data definitions and market rules before applying the screen elsewhere.

Key ideas

• The screen targets beverage and alcohol related Chinese stocks.
• It selects stocks with turnover between 3% and 12% and excludes prior-day limit-up stocks.
• The post includes sample expressions and code for assembling the screen from market data.
• The example does not provide performance evidence and uses a specific sample date.
• The stated filters omit company fundamentals and financial measures.

Tags

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