Chinese developers Country Garden Holdings Co and KWG Property Holdings said they are planning to issue dollar bonds, as tighter lending rules in Beijing encourage them to seek funds overseas.
China will let more banks import and export gold and open trading further to foreign companies as near-record prices and falling stock markets spur demand in the world's second-largest buyer of the metal.
PBOC issues guidelines for developing gold market
China's stocks fell, sending the benchmark index to the biggest loss in two weeks, on concern the government will be constrained in relaxing its policy curbs as higher agriculture prices spur inflation.
Rubber climbed to a five-week high as declining inventories in Japan and rising crude oil prices enhanced the appeal of the commodity used to make tires.
China's central bank said Tuesday that the country would expand the development of gold markets to increase the competitiveness of domestic financial markets while broadening investment channels for ordinary customers.
Hong Kong stocks rose 44.87 points, or 0.21 percent to close at 21,457.66 on Tuesday.
China's stock index futures closed lower Tuesday with the contract for August, the most actively traded, down 2.43 percent from the previous trading day to end at 2,856.8 points.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SSE) on June 1, fell 1.87 percent, or 18.58 points, to close at 975.65 points in Tuesday's trading.
China's stocks fell on Tuesday, led by drops of banks on concerns that the government would not relax its curbs on bank lending in spite of an economic slowdown.
Mainland's stocks rose, extending the best monthly gain in a year, on the prospect the government will reverse policies aimed at slowing the world's third-biggest economy after manufacturing expanded the least in 17 months.
Copper futures in London, Shanghai and New York jumped to the highest level in three months as a rally in equities boosted investor confidence that the global economic recovery is gaining momentum.