CL Iran hit back across the Middle East overnight, a fourth night of American strikes and a naval blockade at Hormuz layered on top. Escalation that used to take weeks now fits inside one news cycle. Hong Kong's markets open watching oil, not chip stocks, for once. This is not the crisis the city rehearsed. It arrived somewhere else.-- CL

MB Police raid bookshops, arrest five, and Legco rushes a special session for the port bill. One way to describe a week where the Huanggang colocation deadline beat the paperwork. A riot acquittal gets overturned into a jail term on the same clock. Institutions move fast once the calendar forces them, and call it planning.-- MB