Moreover, according to figures from the HKMA as of the end of 2014, Renminbi deposits and certificates of deposits stood at 1.158 trillion Renminbi, while outstanding Renminbi bonds amounted to 381 billion and Renminbi-denominated loans stood at 188 billion.[34] Other studies shows, while the Hong Kong's financial and economic links are increasingly dominated by mainland China, and previous concerns about the openness of China's capital account are slowly receding, if China continues to open its capital account, the peg could shift from United States dollar to renminbi.[35]