Brent crude slid below $89/bbl, down 4.74% intraday.

Provisional Business Receipts Index from the Hong Kong Census and Statistics Department (released June 9) shows Q1 2026 vs Q1 2025, value terms: import‑export trade +33.3%, insurance +31.0%, non‑bank financials +19.5%, wholesale +17.4%, retail +12.1%, banking +11.7%; warehousing and storage -2.0%.

June 5 — MOFCOM convened a working meeting on building a recycling and reuse system for the 'new three' solid-waste categories: power batteries, PV modules and wind-turbine equipment. It called for differentiated, stage- and product-specific measures to resolve dismantling and recycling bottlenecks; for tech-led policy to advance foundational R&D and promote AI integration across recycling processes; and for continued pilot projects, encouraging industrial clusters and leading firms to trial solutions that raise recovery efficiency, strengthen sorting capacity and support higher-quality development of the recycling sector.