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An ongoing decline in the holdings of US Treasury securities reflects China's determination to diversify its foreign reserves.
China's "Big Four" banks made almost no new loans in the first two weeks of May, after a surprise drop in new loans in April.
Central bank governor Zhou Xiaochuan said Wednesday that innovative methods should be used to reform China's capital markets.
China's currency is just around the corner from being fully convertible and the economy's capital account is already far more convertible.
China may publish the names of banks and companies which did not perform well in regards to green credit and environmental protection.
Hong Kong stocks plunged 634.48 points, or 3.19 percent, to close at 19,259.83 on Wednesday, tracking losses in the global markets.
Yuan position for purchasing foreign exchange showed its first monthly decline in April this year, sparking concerns over the negative effect.
The Hong Kong Monetary Authority and the Hong Kong Trade Development Council organized a seminar on promoting offshore Renminbi business in Tokyo on Tuesday.
China's stock index futures closed lower Wednesday, with the contract for May, the most actively traded, down 1.66 percent from the previous trading day to 2,563.2 points.
Chinese shares closed lower Wednesday, with the benchmark Shanghai Composite Index down 1.21 percent to 2,346.19.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, fell 10.16 points, or 1.41 percent, to close at 709.96 points on Wednesday.
Hong Kong was willing to promote and expand offshore renminbi business with other financial centers in the world, said the chief executive of the HKMA.
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