China Idea Generation

china-idea-generation

Purpose

Systematically surface new A股投资机会 through quantitative screens, thematic analysis, and pattern recognition.

Data Sources

Primary: iFind MCP (Tier-1 付费) / AkShare MCP (Tier-2 免费备选)

get_market_overview()                    → Top gainers, losers, most active
get_quote(ticker)                        → Price, PE, PB, market cap
get_historical_data(ticker)              → Price trends, momentum
get_financials(ticker, "income")         → Financial metrics
get_financials(ticker, "balance")        → Balance sheet health
get_industry_stocks(industry="...")      → Peer comparison

Secondary Screening Data

| Data | Source | Use | |------|--------|-----| | 龙虎榜 (Dragon-Tiger list) | 东方财富 | Unusual activity, institutional interest | | 北向资金 (Northbound flows) | 沪深港通 | Foreign investor sentiment | | 融资融券 (Margin trading) | 交易所 | Leverage and sentiment | | 股东人数变化 | 巨潮 | Institutional accumulation/distribution | | 机构持仓 | 季报/F10 | Fund ownership trends | | 大宗交易 (Block trades) | 交易所 | Smart money signals |

Workflow

Step 1: Define Screen Criteria

Investment philosophy alignment:

• Value vs Growth vs GARP vs Momentum
• Market cap preference (large / mid / small)
• Sector focus or sector-agnostic
• Liquidity requirements (turnover threshold)
• Risk tolerance (volatility, leverage, earnings stability)

Screen parameters (A-share specific):

| Parameter | Typical Range | Notes | |-----------|--------------|-------| | PE (TTM) | 5-50x | Avoid negative PE | | PB | 0.5-5x | 50亿 | Liquidity threshold | | Daily turnover | >5000万 | Tradability | | ROE | >10% | Quality filter | | Debt/Equity | 10% | Growth filter | | EPS growth | >15% | Earnings momentum |

Step 2: Quantitative Screens

Screen 1: Deep Value (深度价值)

Filters:
- PE (TTM)  10% (past 3 years average)
- Debt/Equity  0% (not declining)
- Market cap > 30亿

Output: Value candidates with potential mispricing

Screen 2: Growth at Reasonable Price (GARP)

Filters:
- PEG  20%
- Gross margin > 30%
- ROE > 15%
- Market cap > 100亿

Output: Quality growth at reasonable multiples

Screen 3: Momentum (趋势跟踪)

Filters:
- Price above 20-day MA AND 60-day MA
- Price within 10% of 52-week high
- Volume above 20-day average
- RSI between 40-70 (not overbought)
- Upward earnings revision

Output: Momentum names in uptrends

Screen 4: Turnaround (困境反转)

Filters:
- Recent loss or margin compression
- New management / strategy announced
- Order book recovering
- Debt restructuring completed
- Insiders buying

Output: Potential turnaround candidates

Screen 5: Dividend Yield (高股息)

Filters:
- Dividend yield > 3%
- Payout ratio 30% of equity)
- 应收账款增速 > 收入增速
- 经营现金流持续为负
- 大股东质押比例过高 (>50%)
- 审计意见非标准无保留
- 频繁变更会计师事务所
- 关联交易占比高

### Step 6: Build the Ideas List

**Standard format:**

| Rank | Ticker | Company | Sector | Idea Type | Thesis | Catalyst | Risk | Conviction |
|------|--------|---------|-------|-----------|--------|----------|------|------------|
| {{RANK}} | {{TICKER}} | {{COMPANY_NAME}} | {{SECTOR}} | {{DIRECTION}} | {{THESIS}} | {{CATALYST}} | {{RISK}} | {{CONVICTION}} |
| Example | 600519 | 贵州茅台 | 白酒 | Long | 批价稳+动销旺+分红高 | Q1业绩超预期 | 批价下行 | High |
| 2 | ... | ... | ... | ... | ... | ... | ... | ... |

**Conviction levels:**
- **High**: Strong thesis, clear catalyst, limited downside
- **Medium**: Good thesis, catalyst timeline uncertain
- **Low**: Exploratory, needs more research

### Step 7: Monitor & Update

**Ongoing tracking:**
- Weekly price and news updates
- Catalyst tracking (china-catalyst-calendar)
- Thesis validation / invalidation
- Position sizing recommendations

**Update triggers:**
- Earnings results
- Material news (M&A, guidance, regulation)
- Price moves >15% in a week
- Thesis breaking or confirming

## China-Specific Screening Considerations

### Market Structure

| Feature | Screening Implication |
|---------|----------------------|
| 涨跌停限制 | Momentum may be interrupted |
| 散户占比高 | Sentiment-driven overreactions common |
| 政策敏感 | Regulatory risk premium in certain sectors |
| 北向资金 | Track foreign flows for large-caps |
| 龙虎榜 | Unusual activity signals |
| 停牌 (Trading halt) | Due diligence risk for suspended names |

### Common A-share Investment Styles

| Style | Description | Key Metrics |
|-------|-------------|-------------|
| 价值投资 | Deep value, dividend, asset-based | PB, dividend yield, 破净 |
| 成长投资 | High growth, innovation | Revenue growth, R&D intensity |
| 主题投资 | Policy/trend themes | Catalyst proximity, theme purity |
| 技术分析 | Chart-based trading | 均线, MACD, 量价 |
| 量化策略 | Systematic, factor-based | Multi-factor models |
| 打新 | IPO subscription | 中签率, 涨幅预期 |

### Sector-Specific Screening

| Sector | Screening Focus |
|--------|----------------|
| 白酒 | 批价趋势, 渠道库存, 回款, 品牌力 |
| 半导体 | 产能利用率, 国产替代进度, 技术迭代 |
| 新能源 | 产能过剩/出清, 技术路线, 补贴退坡影响 |
| 医药 | 创新药管线, 集采中标, 国际化 |
| 银行 | NIM趋势, 不良率, 拨备, 估值 (破净) |
| 房地产 | 销售额, 融资能力, 土储质量 |
| 消费 | 动销, 库存, 消费升级/降级趋势 |

## Quality Checks

Before delivering ideas list:
- [ ] Screen criteria documented and reproducible
- [ ] Each candidate has fundamental backing
- [ ] Catalysts identified for each idea
- [ ] Risk factors clearly stated
- [ ] Conviction levels assigned
- [ ] Liquidity verified (tradable)
- [ ] Regulatory/compliance review passed
> **Data Source Mode Switch**: Set env var `IFIND_DATA_SOURCE_MODE` to control data source preference.
> - `ifind-only` (strict): Use iFind only, error if unavailable
> - `ifind-fallback` (default): iFind preferred, fallback to AkShare
> - `akshare-only, wind-only (Wind only), wind-fallback (Wind first, fallback to iFind → AkShare)`: Skip iFind, use AkShare only

## Source & license

This open-source skill is cataloged on AgentStack and links to its original source — we do not rehost the code.

- **Author:** [jwangkun](https://github.com/jwangkun)
- **Source:** [jwangkun/claude-for-financial-services-cn](https://github.com/jwangkun/claude-for-financial-services-cn)
- **License:** Apache-2.0

Install and usage instructions live in the source repository linked above.