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Glencore International PLC's debut on Wednesday in Hong Kong in the world's biggest initial public offering this year may tempt investors to switch from rival Asian commodity traders.
China's financial leasing industry has reported rapid growth in recent years, as the total assets of the country's 17 financial leasing companies jumped to 364 billion yuan ($56 billion) at the end of March this year.
Hong Kong stocks gained 16.5 points, or 0.07 percent, to close at 22,747.28 on Wednesday.
The ChiNext Index, launched by the Shenzhen Stock Exchange (SZSE) on June 1, 2010, fell 28.59 points, or 3.28 percent, to close at 842.35 on Wednesday.
China's stock index futures closed down Wednesday with the contract for June, the most actively traded, down 0.36 percent from the previous day to close at 3,015.2.
The pace of offshore renminbi (CNH) growth is set to continue, said HSBC in its latest research, adding that the organic growth of the CNH market in most recent end-1Q data has been breathtaking.
Chinese shares fell for the fifth consecutive trading day on Wednesday, with the benchmark Shanghai Composite Index down 0.91 percent, or 25.32 points, to 2,741.74.
Stocks on the Chinese mainland fell for a fourth day on Tuesday. The retreat came on concern that government measures to cool inflation are slowing the world's second-biggest economy.
China International Capital Corp (CICC), the nation's top-ranked investment bank last year, is set to become the first domestic securities firm to take control of a trust, said a person with direct knowledge of the matter.
Yanzhou Coal Mining Co, China's fourth-largest producer, may raise more than A$1 billion ($1.1 billion) in an initial share for at least a third of its Australian unit by the end of the year.
The gold price in Hong Kong closed up HK$102 at HK$14,120 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.
Hong Kong stocks rose 19.76 points, or 0.09 percent, to close at 22,730.78 on Tuesday.
