Screening Non-STAR Chinese Metaverse Stocks by Circulating Shares

Summary

This article proposes a Chinese stock screen for companies associated with the metaverse, limited to non-STAR Market listings and a circulating share count at or below the stated cap. The accompanying rationale characterizes the screen as a way to focus on smaller-float companies outside the technology-focused STAR Market, while acknowledging that these restrictions narrow the candidate universe and may exclude promising larger-float or innovative firms.

The post includes a Python example that retrieves A-share quotes and historical data, derives a circulating-share measure, and filters by industry label, share count, and stock code. It recommends considering valuation, company fundamentals, technical indicators, policy developments, and market trends to refine selection. The code and written description do not establish that the screen reduces risk or improves returns, and the share-float calculation shown is not clearly validated. No backtest or other empirical evidence is presented.

Key ideas

• The proposed universe consists of metaverse-related stocks outside the STAR Market.
• It caps circulating shares at the stated threshold.
• The article provides a Python example for filtering Chinese A-share data.
• It recognizes that the narrow screen may omit larger companies and emerging technology opportunities.
• The selection rule has no reported backtest or evidence of improved returns.

Tags

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