On October 23, 2026, the Buffett Index (total market capitalization of A-shares/GDP of the previous year) was 85.07%, a slight rebound from the previous trading day; the equity risk premium (ERP) of the CSI 300 Index, after hitting a sixteen-month high in the previous trading day, fell slightly to 6.16% on the 23rd, failing to continue to refresh the year's high. Attention should be paid to whether the upward trend since August will end.
