Shanghai-Listed Stocks with 3%–12% Turnover

Summary

This note describes a Chinese stock screen that selects shares whose codes begin with 60, excludes the STAR Market, and requires turnover between 3% and 12%. It presents the turnover band and market segment as the full selection logic, with sample query and Python snippets intended to identify matching shares. The rationale for excluding the STAR Market is that its newer listings may carry greater risk.

The note provides no performance results or backtest evidence. It flags that relying on a narrow set of conditions can miss important company characteristics and other risky stocks. It suggests adding fundamental or technical measures and broadening market coverage. The examples also contain implementation details that do not cleanly match the stated screen, including sector exclusions in the query; users would need to check that their data fields and filters align with the intended criteria before relying on the output.

Key ideas

• The screen selects stocks with codes beginning with 60 and turnover between 3% and 12%.
• It excludes STAR Market stocks, citing their potentially higher risk.
• The note warns that a turnover-only screen overlooks other company and market risks.
• The sample query includes sector exclusions beyond the stated selection rules.

Tags

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