Screening Chinese Stocks by Turnover, Recent Top-Trader Activity, and Price

Summary

This Chinese stock screen selects shares with turnover between 3% and 12%, a prior-day appearance on the market’s top-trader list, and a price below 12 yuan. Its final description adds a requirement that a company has been listed for more than a year. Selected stocks are ordered by circulating shareholder count, and the document gives both a platform query concept and a sample implementation approach.

The screen is framed as combining liquidity, trading sentiment, and a low nominal share price. The source cautions that these filters alone can promote herd-following and overlook fundamentals, sector context, or growth companies. It offers no performance results or evidence that the selection rules generate an edge. The suggested next step is to assess candidates with additional technical and fundamental analysis, while recognizing that a low share price does not itself establish low valuation.

Key ideas

• The screen requires turnover from 3% through 12%, top-trader-list activity on the previous day, and a price below 12 yuan.
• The final selection logic also requires more than one year since listing.
• Candidates are ranked by circulating shareholder count.
• The document warns that price and trading-activity filters omit fundamental and industry analysis.
• No backtest or performance evidence is provided.

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