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On June 5th, the National Healthcare Security Administration and the Ministry of Finance jointly issued a notice titled "Trial Procedures for Cross-Provincial Sharing of Individual Accounts under Basic Medical Insurance for Employees," standardizing cross-provincial sharing of individual accounts under basic medical insurance for employees. The notice stipulates that cross-provincial sharing applies to the close relatives of employees enrolled in basic medical insurance, and the person being shared must be an insured individual under basic medical insurance. Close relatives include spouses, parents, children, siblings, grandparents, maternal grandparents, grandchildren, and maternal grandchildren. The sharing provider sets a sharing limit for the person being shared through their medical insurance wallet; the sharing provider cannot use this limit of their individual account funds. The person being shared cannot share the acquired sharing limit with a third party. Eligible expenses incurred by the person being shared can be settled through the sharing mechanism.According to the Wall Street Journal: Real-time satellite intelligence has made Ukrainian drone attacks more deadly than ever before.According to the Wall Street Journal, sources say a Ukrainian team used satellite intelligence to destroy billions of dollars worth of Russian assets.According to the Wall Street Journal: Sources say that Ukrainian troops have for the first time directly received and used unclassified commercial satellite imagery for combat operations on the front lines.Hong Kong-listed auto stocks weakened amid volatility, with XPeng Group (09868.HK) falling more than 3%, NIO-SW (09866.HK) falling more than 22%, and BAIC Motor (01958.HK) and Geely Automobile (00175.HK) following suit.

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