Inovance said raw and auxiliary material costs for lead-acid batteries have risen sharply over the past six months amid global supply-chain shifts. After implementing internal cost controls that cannot fully absorb the increase, the company will raise ex-factory prices across its full lead-acid battery product line, effective June 15, 2026.

Hong Kong stocks closed with the HSI down 0.37% and the Hang Seng Tech Index up 0.29%. PCB, building materials and cement, and optical communications led gains; lithium miners rallied in the afternoon. Oil, coal and innovative drug stocks lagged on the day.

Apple (AAPL.O) unveiled a next‑generation AI platform at WWDC that includes an upgraded, AI version of Siri. Craig Federighi said the new Apple Intelligence is underpinned by Google technology and is designed to improve contextual understanding of user requests. Apple positioned the Siri overhaul as central to its AI revival after the initial Apple Intelligence rollout two years ago saw slow feature deployment and lagged rivals. The software update will emphasize AI, performance and security; Apple also named the next macOS Golden Gate and tweaked last year’s Liquid Glass interface by adding a slider to adjust visual effect intensity.