Screening Chinese Stocks by Turnover, Three Declining Days, and Recent Limit-Ups

Summary

This document describes a Chinese equity screening rule combining daily turnover, a short run of falling sessions, and a recent limit-up event. It selects stocks with turnover between 3% and 12%, three consecutive declining sessions, and at least one limit-up in the prior 25 days. The rationale is to find actively traded stocks with recent speculative interest that have pulled back for several days.

The post provides formula and Python examples as implementation references, but does not report backtest results or demonstrate that the screen predicts a rebound. It cautions that the rule omits company fundamentals and industry context, and that a prior limit-up does not ensure continued gains. It suggests adding measures such as profitability, growth, and industry conditions, along with risk controls such as stop-losses and profit-taking rules. The examples are platform-specific and should be checked carefully before use.

Key ideas

• The screen combines turnover between 3% and 12% with three declining sessions and a limit-up during the prior 25 days.
• The author frames the combination as a way to find liquid stocks with recent speculative attention after a short pullback.
• The document offers formula and Python examples but provides no performance evidence.
• Fundamental and industry information are omitted, and prior limit-up activity does not guarantee further gains.
• The post recommends adding stock-quality filters and explicit risk controls.

Tags

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