On November 11, 2026, the Buffett Index (total market capitalization of A-shares / previous year's GDP) was 84.69%. The equity risk premium (ERP) of the CSI 300 Index was 5.83%, unchanged from November 10 (displayed to two decimal places); the unroun

2026-11-12

On November 11, 2026, the Buffett Index (total market capitalization of A-shares / previous year's GDP) was 84.69%. The equity risk premium (ERP) of the CSI 300 Index was 5.83%, unchanged from November 10 (displayed to two decimal places); the unrounded original value decreased slightly by approximately 0.0019 percentage points. The current ERP is between the 4% and 6% reference lines. Overall, the valuation advantage of equity assets relative to government bonds remained largely unchanged from the previous trading day.