Byjus 1

Byjus  2

| **Aspect**                | **Details**                                                                 |
|---------------------------|-----------------------------------------------------------------------------|
| **Market Ranking**         | India is now the world's fourth-largest equity market by market capitalization. |
| **Market Value**           | India: $5.2 trillion; Hong Kong: $5.17 trillion.                            |
| **Performance**            | India: 10% surge post-election; Hong Kong: 5.4% decline from its peak.      |
| **Key Factors for India**  | Retail investor growth, strong corporate earnings, and policy reforms.      |
| **Valuation Metrics**      | India: Forward P/E of 20x, price-to-book of 3x.                             |
| **Challenges for Hong Kong**| COVID-19 measures, regulatory crackdowns, geopolitical tensions.           |
| **Valuation Metrics**      | Hong Kong: Forward P/E of 9x, price-to-book of 1x.                          |
| **Market Outlook**         | Potential recovery in Hong Kong's market, particularly in Chinese stocks.   |


Aspect	Details
Market Ranking	India is now the world's fourth-largest equity market by market capitalization.
Market Value	India: $5.2 trillion; Hong Kong: $5.17 trillion.
Performance	India: 10% surge post-election; Hong Kong: 5.4% decline from its peak.
Key Factors for India	Retail investor growth, strong corporate earnings, and policy reforms.
Valuation Metrics	India: Forward P/E of 20x, price-to-book of 3x.
Challenges for Hong Kong	COVID-19 measures, regulatory crackdowns, geopolitical tensions.
Valuation Metrics	Hong Kong: Forward P/E of 9x, price-to-book of 1x.
Market Outlook	Potential recovery in Hong Kong's market, particularly in Chinese stocks.

India Outpaces Hong Kong to Become World's Fourth-Largest Equity Market