US Treasury Secretary Bessent said excessive and persistent trade imbalances would impede economic growth, deepen economic vulnerabilities and undermine prosperity.

Key News 1. The Zhishenxing-1 rocket successfully completed its maiden flight; the rocket is designed for reuse at least 25 times. 2. China's RatingDog Manufacturing PMI rose to 51.5 in August, indicating accelerated expansion. 3. The "Several Provisions of Shenzhen Special Economic Zone on Promoting the Innovative Development of the Brain-Computer Interface Industry" are open for public comment. 4. my country's photovoltaic power generation capacity has historically surpassed coal-fired power, becoming the largest power source category in terms of installed capacity. 5. Hangzhou, Zhejiang: Supports mergers and acquisitions of securities companies to create first-class investment banks and investment institutions. Individual Stock News 1. Data on main force capital flows shows that Zhongji Xuchuang saw the largest net inflow of main force capital at 1.451 billion yuan, followed by Changchuan Technology, Ping An Insurance, GCL Energy, and Shennong Seed Industry; Changxin Technology saw the largest net outflow of main force capital at 2.26 billion yuan, followed by Dongshan Precision, GigaDevice, International Composite Materials, and Shengyi Technology. 2. BYD's new generation 4D millimeter-wave radar chip enters mass production. 3. Volkswagen responds to complaints against Xingyu Technology: A special investigation has been launched. 4. Volcano Engine and Chipown Microelectronics jointly create a chip ecosystem. 5. iFlytek's Ciyuan Xinghuo open-sources two universal large-scale models for end-device use. 6. Huasheng Tiancheng: TeamsunLink optical module products make their debut at the Huawei Business Partner Conference. 7. Topsec's large-scale model security gateway is deployed on an OPC AI integrated service platform in a city in Jiangsu Province. 8. Alibaba and SAIC Motor invest in Yuanxin Satellite, a low-orbit satellite constellation operator. 9. Muxi Technology and UBTECH's holding company establish Chuangzhi Technology in Shenzhen.

The German DAX 30 index opened down 111.53 points, or 0.42%, at 26,169.96 on Tuesday, September 1st; the UK FTSE 100 index opened down 41.71 points, or 0.39%, at 10,782.55 on Tuesday, September 1st; and the French CAC 40 index opened up 15.52 points, or 0.19%, at 8,350.02 on Tuesday, September 1st. The Euro Stoxx 50 index opened down 1.66 points, or 0.03%, at 6418.50 on Tuesday, September 1st; the Spanish IBEX 35 index opened up 7.07 points, or 0.04%, at 19995.47 on Tuesday, September 1st; and the Italian FTSE MIB index opened up 39.31 points, or 0.07%, at 52652.00 on Tuesday, September 1st.