Screening Main Board Stocks by Turnover, Industry, and Daily Gain

Summary

This document describes a Chinese stock screen for main board companies in the beverage and alcohol import-export sector. It selects shares with turnover between 3% and 12% and a daily gain above 1%, excluding specially treated stocks. It includes illustrative indicator logic and a Python example that obtains daily prices and turnover data, filters by industry and exchange code, and returns selected symbols.

The rationale is to combine an industry classification, trading activity, and recent price strength. The document cautions that these inputs omit other influences such as macroeconomic conditions, policy, competition, and company fundamentals, and suggests adding financial and industry measures. It presents no backtest results or performance evidence. The supplied formulas and sample code may also depend on platform-specific definitions and data fields, so the screen is a starting point rather than a validated strategy.

Key ideas

• The screen combines a beverage and alcohol industry filter with a turnover range and a positive daily price move.
• It targets main board shares and excludes specially treated stocks.
• The document gives sample formula logic and a Python data-filtering example.
• It warns that industry and short-term price filters omit broader company and market risks.
• No historical performance evidence is provided.

Tags

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