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Xi Shijia, 28, an IT clerk at a State-owned company in Beijing, said he will not stop buying individual wealth management (IWM) products from commercial banks in the second half to safeguard against asset losses.
Chinese stocks dropped to a 12-month low on Tuesday on concerns over the strength of global economic recovery and China's stubbornly high inflation.
Hong Kong stocks lost 1,159.87 points, or 5.66 percent, at 19,330.70 on Tuesday.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, rose 1.13 points, or 0.13 percent, to 878.57 on Tuesday.
China's stock index futures closed higher on Tuesday with the contract for August, the most actively traded, up 0.73 percent from the previous day to 2,820.2 points.
China's stocks dropped Tuesday with the benchmark Shanghai Composite Index down 0.03 percent to close at 2,526.07.
The Chinese Ministry of Finance announced on Tuesday that it would hold a tender of four types of treasury bonds in Hong Kong on Aug 17 and settlement will be done on the next day.
China Overseas Land & Investment Ltd, a Hong Kong-based developer controlled by the Chinese construction ministry, said first-half profit climbed 35 percent.
Hong Kong stocks lost 1,232.06 points, or 6.01 percent to close Tuesday's morning session at 19, 258.51 points.
Stocks declined on the Chinese mainland, dragging the benchmark index down 20 percent from a November high, as the loss of America's top credit rating fueled concern global economic growth will slow.
Chinese air-compressor maker Zhejiang Kaishan Compressor Co Ltd is set to raise up to 2.27 billion yuan ($353 million) from an initial public offering on the ChiNext market in Shenzhen.
China steel futures fell more than 4 percent on Tuesday .
