Oil & Markets: US strikes near the Strait of Hormuz pushed crude higher again, keeping Asia jittery as tech sells off and investors watch inflation and rate-hike odds. China Trade: China’s exports rose 19.4% in May and imports jumped 27.4%, with autos and AI-linked tech shipments still powering demand. Hong Kong Finance: iCapital says alternatives demand is surging in Hong Kong and Singapore, and it’s expanding local teams and offices to meet it. Biotech Governance: WuXi AppTec reiterated its public-company accountability after being added to a US “Chinese military companies” list, while analysts expect limited disruption to pharma collaboration. US Blacklists: Alibaba, BYD and Baidu rejected US inclusion, calling it politically motivated. AI & IP: Volcano Engine and Bingo Group announced an AI+IP deal using Stephen Chow classics, aiming for a June 10 rollout across major Chinese platforms. Construction & Labour: A Hong Kong worker was jailed for sedition after throwing leaflets from a public housing flat, underscoring tighter national-security enforcement. Healthcare Longevity: A new report highlights Hong Kong’s “longevity paradox” as healthspan and affordability lag behind longer life. Energy Storage Industry: CIBF 2026 wrapped up with record global turnout, reinforcing China’s push to scale battery and energy-storage supply chains. Cross-border Wealth Rules: Mainland moves to crack down on illegal cross-border securities and fund activity are expected to boost demand for compliant Greater Bay Area channels.