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The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg.

(Bloomberg) -- India’s stock market has overtaken Hong Kong’s for the first time in another feat for the South Asian nation whose growth prospects and policy reforms have made it an investor darling.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutChina Weighs Stock Market Rescue Package Backed by $278 BillionNever Trumpers Brace for Ne

India's stock market has overtaken Hong Kong's for the first time in another feat for the South Asian nation whose growth prospects and policy reforms have made it an investor darling.

India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor darling while global capital pours out of China. The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday’s close,…