A Network Quant Approach to China's Equity Market
The world's second-largest equity market: 5,000+ listed companies, trillion-yuan daily turnover, and a majority-retail order flow that keeps real inefficiencies alive. Numinor brings network data — supply chains, product taxonomies, observed counterparties — to excavate that value, with every methodology shipped as code you can replicate before any contract is signed.
The Source Data
Four Source Data Dimensions, One Graph
Our research is built on four complementary inputs for Chinese A-shares. Each dimension is interesting on its own. The cross-references between them are where the alpha lives.
Sector, Products & Value Chains
Granular product-level segmentation across 6,000+ industry nodes in a 12-level hierarchy. Maps every A-share company to its real economic function with revenue and gross profit per segment.
News & Sentiment
Real-time NLP-tagged Chinese financial news. Entities, events, per-entity sentiment scores — structured and machine-readable. Tagged to companies and industry nodes alike.
Supply-Chain Networks
Firm-to-firm commercial relationships across all A-share listed companies and bond issuers. Upstream, downstream, second-order — derived from filings and cross-referenced counterparties.
Financial Disclosures
Beyond the three statements. Segment breakdowns, lease obligations, subsidies, related-party transactions — structured from the supplementary notes inside Chinese PDF filings.
Explore the Source Data
The interactive atlas of the source web: the 9-level SAM taxonomy, supply chains, the news tape, and company passports — the raw material the constructs are refined from.
Loading …
Construct Data
From Source Data to Construct Data
We refine the four source dimensions into productized, point-in-time data feeds — every claim whitepaper-validated, every row verifiable, delivered daily.
SAM Amplifier Construct Data
Network-dimension factor data feed derived from ChinaScope's foundational SAM. Daily refresh, S3 + signed-URL API.
SAM PM Construct Data
Structure-dimension factor data feed derived from ChinaScope's foundational SAM. Daily refresh, S3 + signed-URL API.
C2C Supply-Chain Construct Data
The observed company-to-company supply-chain edge table for A-share quant — disclosed + bid channels, point-in-time explicit on every row. Daily refresh, S3 + signed-URL API.
The Pipeline
How It's Made
Every trading day, the four source dimensions are resolved to listed-company identity, time-stamped as disclosed, pushed through validation gates, and assembled into the Construct Data feeds — the same pipeline behind every number in the white papers.
SOURCE DATA
REFINEMENT
Entity resolution
resolved to listed companies
Point-in-time stamps
as-disclosed · zero look-ahead
Validation gates
hard checks before publish
Daily assembly
rebuilt every trading day
CONSTRUCT DATA
Network
SAM Amplifier
+0.2311
OOS ΔICIR
Structure
SAM PM
+0.352
orth ICIR · OOS
Relationship
C2C Supply-Chain
+0.394
orth ICIR · union
DELIVERY
Delivered Daily — Parquet on S3 · Signed-URL API · Sandbox · MCP agents
Ready to Evaluate?
Read the research, explore the underlying data, and replicate the methodology in the sandbox — all from your browser. Sign up free.