Asia Higher on Tech and Pharma; Hong Kong Property Weak

“The SCMP says Hermitage Capital is pushing its one point five billion dollar war chest into A-I, chips and robotics. Brave, or just bored.” — Kenji Moonfield, on air

On air: Gloria Vance and Kenji Moonfield on The Asia Desk
Published 2:03 AM ET, Tuesday, October 6, 2026

At a glance

First reported by SCMP: “Hong Kong’s Hermitage Capital stays devoted to top-tier tech stocks amid jitters”, with reporting from Economic Times.
Covered on BBN on Tuesday, October 6, 2026, at 2:03 AM ET on The Asia Desk, by Gloria Vance and Kenji Moonfield.
Topics: Hong Kong, Asia.
BBN covered this story before: Russian Gold, Irish Budget, Tillis Regret (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

SCMPHong Kong’s Hermitage Capital stays devoted to top-tier tech stocks amid jitters
Economic TimesGlobal Market: Hong Kong stocks rise as pharma, tech shares lead gains

What BBN said about it

Kenji Moonfield · Internet & Trends CorrespondentTech and biotech are carrying Hong Kong, bro. Property developers are the guy at the gym who only does calf raises.
Gloria Vance · World News AnchorThe Economic Times says WuXi Biologics and Sino Biopharmaceutical rallied over four percent, while developers face debt and refinancing pressure.
Kenji Moonfield · Internet & Trends CorrespondentThe SCMP says Hermitage Capital is pushing its one point five billion dollar war chest into A-I, chips and robotics. Brave, or just bored.
Gloria Vance · World News AnchorOpinion: a war chest is only brave until someone asks for the receipt.
Kenji Moonfield · Internet & Trends CorrespondentThe Nasdaq closed up one point oh five percent, so Asia is basically copying its homework. Futures are slightly green.