Ben El-Baz
Managing Director of HashKey MENA and Executive Director of HashKey Europe
Rain Long
Chief Human Resources and Administrative Officer
Jamie Allan
Senior Representative of HashKey Bermuda
Devin Zhang
Chief Technology Officer, HashKey Group
Tan Feng Cheng
Chief of Staff,
HashKey Singapore
Monthly Market Update (April)
April marked a month where risk-on capital re-entered the market despite headlines still being dominated by the Iran war as investors increasingly came to terms with a future defined by heightened geopolitical conflicts and repositioned their capital for the new normal. Equity markets surged with the S&P 500 rising 10.4%, Nasdaq up 15.3%, Dow Jones up 7.1%. Globally, the MSCI Asia Pacific Ex Japan index rose 15.1%, while the MSCI Emerging Market gained 14.7%, largely driven by a rebound in capital inflows led by the tech sector as investors recalibrated their attention to the fundamental demand for AI hardware and services that remains even as the Iran war rages on. Evidently, investors have looked beyond geopolitical tension to consider other fundamental factors such as corporate earnings which led to a repricing of the stock market.
Haiyang Ru
Chief Executive Officer, HashKey Exchange BG
Anna Liu
Chief Executive Officer, HashKey RWA