Screening Mid-Cap Stocks for Turnover and Recent Limit-Ups

Summary

This Chinese equity screen selects stocks with turnover between 3% and 12%, circulating market value between 5 billion and 10 billion yuan, and at least one limit-up event within the previous 25 days. The article treats turnover as a measure of market activity, market value as a size filter, and a recent limit-up as a sign of attention or possible growth. It includes formula and Python examples intended to identify candidates meeting those conditions.

The document gives no backtest, return data, or comparison showing that these filters improve selection. It cautions that relying on a recent limit-up can overemphasize a short-lived price event and leave out company fundamentals and industry conditions; a past limit-up does not ensure future gains. It proposes combining the event filter with industry and fundamental analysis. The rule is a stock screen rather than a complete trading strategy: it does not define portfolio weights, entry and exit rules, or risk limits, and its example implementations express the conditions somewhat differently.

Key ideas

• The screen targets turnover between 3% and 12% and circulating market value between 5 billion and 10 billion yuan.
• Candidates must have recorded at least one limit-up event during the previous 25 days.
• The article frames turnover, size, and recent price activity as complementary selection factors.
• A recent limit-up does not establish that a stock will keep rising, and the screen may omit fundamental and industry information.
• The article provides sample formulas and code but no performance results or risk-management rules.

Tags

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