Hong Kong Five-Year Plan: Hong Kong launched a two-month public consultation on its first 2026-2030 economic and social development blueprint, with officials saying it will “complement” the budget and policy address while accelerating innovation and technology centres and the Northern Metropolis; the final plan is targeted for the third quarter. AI Chips & Local Supply: ByteDance is reportedly in talks with Shanghai’s Iluvatar CoreX to buy AI chips for inference, and is also considering Baidu chips—another sign of China pushing local alternatives amid US export controls. AI Model Surge in HK: Zhipu AI (Knowledge Atlas Technology) shares jumped after it announced GLM-5.2 will be fully open-sourced later this week, aiming to capture users priced out of Western tools. Enterprise AI in HK: Voicecomm Technology partnered with Huawei Cloud to launch the VocSageX agent development platform for large-scale enterprise AI deployments. Markets & Energy Shockwave: A tentative US-Iran framework lifted Asian stocks while oil prices slid, with Hong Kong’s Hang Seng rising alongside AI and chip names. Health & Pharma: HK-listed InnoCare Pharma presented 40+ orelabrutinib studies at EHA 2026, while Stablepharma moved toward fridge-free Td vaccine distribution via an LOI covering multiple markets. LegCo Tech/Finance Agenda: LegCo will debate the Inland Revenue (Automatic Exchange of Information) Bill 2026 on June 17, alongside a motion on nurturing internationalized vocational and professional talent for innovation and tech.