热点追踪周报：由创新高个股看市场投资热点（第 229 期）-20260130

• The report tracks stocks, industries, and sectors that have reached new highs, serving as market indicators, and uses a 250-day high distance metric to represent new high situations[11][12] - The 250-day high distance is calculated as: $ 250 \text{ day high distance} = 1 - \frac{Closet}{ts_max(Close, 250)} $ where Closet is the latest closing price and ts_max(Close, 250) is the maximum closing price over the past 250 trading days[11] - As of January 30, 2026, the 250-day high distances for major indices are: Shanghai Composite Index 1.14%, Shenzhen Component Index 1.62%, CSI 300 1.76%, CSI 500 2.68%, CSI 1000 2.55%, CSI 2000 3.34%, ChiNext Index 1.24%, and STAR 50 Index 2.99%[12][13] - The report also monitors stocks that have reached new highs in the past 20 trading days, with 1606 stocks identified as of January 30, 2026. The industries with the most new high stocks are machinery, electronics, and basic chemicals, while the highest proportions of new high stocks are in non-ferrous metals, defense and military, and petroleum and petrochemical industries[19][20] - The report selects "stable new high stocks" based on analyst attention, relative stock strength, trend continuity, price path stability, and new high sustainability. The selection criteria include: - Analyst attention: At least 5 buy or hold ratings in the past 3 months - Relative stock strength: Top 20% in market performance over the past 250 days - Price path stability: Evaluated using the absolute value of price changes over the past 120 days and the sum of absolute daily price changes over the past 120 days - New high sustainability: Average 250-day high distance over the past 120 days - Trend continuity: Average 250-day high distance over the past 5 days[26][28] - The report identifies 50 stable new high stocks, with the most from the cyclical and technology sectors, particularly in basic chemicals and electronics[29][30] - The 250-day high distances for major indices are: Shanghai Composite Index 1.14%, Shenzhen Component Index 1.62%, CSI 300 1.76%, CSI 500 2.68%, CSI 1000 2.55%, CSI 2000 3.34%, ChiNext Index 1.24%, and STAR 50 Index 2.99%[12][13] - The 250-day high distances for some industry indices are: communication 0.00%, petroleum and petrochemical 0.47%, building materials 1.19%, non-ferrous metals 7.82%, and light manufacturing 1.55%[13] - The 250-day high distances for some concept indices are: paper 0.00%, oil and gas 0.47%, home goods 1.19%, gold 7.82%, agriculture 1.55%, Wind micro-cap stocks 0.00%, and chips 0.47%[15][17] - The proportions of new high stocks in various indices are: CSI 2000 29.75%, CSI 1000 33.60%, CSI 500 40.60%, CSI 300 28.00%, ChiNext Index 32.00%, and STAR 50 Index 42.00%[20][23]