In Hong Kong, Chinese H-shares fell 0.33% to 10,916.14, while the Hang Seng Index was down 0.4% at 29,179.93 as global investors weighed ifnlation concerns ahead of US economic data.
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.
Latest data showed China's new investors grew in April at its slowest pace in 13 months, hit by a lack of upside momentum for the stock market and persistent worries over policy tightening.