Since the financial crisis, we have to ask which country's stock market has performed best, not Hong Kong stocks, not US stocks, let alone A shares, but the Indian stock market.

Futu News on May 27th, as the current Indian Prime Minister Narendra Modi's people's Party (BJP) won more than half of the seats in India's parliament and won the general election, the Indian stock market rose sharply, and the ETF about investing in India also continued to rise. As of the press release$iShares Asustek India 50 ETF (INDY.US) $Up 1.47%$iShares Anshuo MSCI India ETF (INDA.US) $Up 1.46%India income Index ETF-WisdomTree (EPI.US) $Up 1.87%.

Of particular concern is that$Anshuo India (02836.HK) $It hit an all-time high, rising 2.50% to HK $26.6 as of press time, with a turnover of 48.8261 million and a total market capitalization of 819 million.

Some professionals expect Mr Modi to continue to push for reforms in his second term, with low inflation and loose monetary policy and ample liquidity support from the central bank. Optimistic expectations are helping to boost confidence in India's bond market and attract more foreign capital to India. In 2019, India became the largest overseas cash destination in Asia, with foreign funds buying $9.5 billion of Indian stocks, second only to China, with an outflow of $447 million in rupee bonds.

The victory of the Modi government and positive expectations sent the Indian stock market soaring to a 10-year high.

Compared with the Indian stock market, A shares have fallen more than 50 per cent over the past decade, from 6124 at the end of 2007 to 3000 now.