Preheat oven to 375° F. Grease 9-inch-round cake pan.
Combine flour, sugar, baking powder, baking soda and salt in large bowl.
Using pastry blender or 2 knives, cut in butter into dry ingredients until mixture resembles coarse crumbs.
Stir mini chocolate chips.
In a small bowl, combine buttermilk and egg.
Add to flour mixture; stir until dry ingredients are just moistened.
Transfer dough to lightly floured surface.
Knead dough for about 3 minutes, adding a little flour to prevent sticking.
Shape into a flattened 8-inch circle. Place in prepared pan. Score top of dough with sharp knife to form an “X”, about ½-inch deep.
Combine egg yolk and water in small bowl. Brush mixture on top of bread.
Bake for 35 to 40 minutes or until wooden pick inserted in center comes out clean and top is golden brown.
Cool for 10 minutes; remove to wire rack. Serve warm or at room temperature. Store tightly covered in plastic wrap.