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Steady5 stories4 sourcesLast updated: 6/12/2026

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Hong Kong Small and Medium Enterprises Association Launches 'Tourism Everywhere' Initiative to Boost Central District Spending
NEWS
4/24/2026AI summary

Hong Kong Small and Medium Enterprises Association Launches 'Tourism Everywhere' Initiative to Boost Central District Spending

The Hong Kong Small and Medium Enterprises Association has launched a tourism initiative in Central and Sheung Wan districts with over 50 participating restaurants and shops offering discounts. Running from May 1 to end of June, the programme coincides with mainland China's Labour Day golden week, during which Immigration Department expects 980,000 mainland visitors, a 7% increase year-on-year. Secretary for Commerce and Economic Development Algernon Yau Ying-wah said the scheme aims to encourage SME participation, attract foot traffic and showcase local culture.

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SCMP Economy
US Offers $4 Million Bounty for Fugitive Daren Li Convicted of Money Laundering
Developing
Crime·4/24/2026AI summary

US Offers $4 Million Bounty for Fugitive Daren Li Convicted of Money Laundering

The US is offering a $4 million reward for information leading to the arrest of Daren Li, a 43-year-old Chinese national with dual citizenship in China and St Kitts and Nevis. Li was convicted in absentia in February 2026 to 20 years in prison for money laundering related to cryptocurrency scams. He fled the US in December 2025 after removing his electronic monitoring device.

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SCMP News