China A-shares ground armament sector pulled back; Beifang Changlong fell over 6%, while Tianqin Equipment, Jieqiang Equipment, Ganhua Kegong and Jianshe Industrial also declined.

Wuhan’s science and technology bureau said on Sept. 3 it has optimized 1.47 mln sqm of underused space around dense university districts, established three Hubei laboratories and three major scientific infrastructures, and clustered about 80 universities/research institutes and 27,000 tech firms. The city will encourage municipal SOEs to reactivate idle parks, aging office buildings and shopping complexes into standardized incubation facilities to bolster innovation and entrepreneurship infrastructure.

1. Proposes renaming the Strait of Hormuz to "Trump Strait" —US President Trump: Now that we Americans control it, shouldn't we rename the Strait of Hormuz to "Trump Strait"? Like the US itself, it will be hotter than ever! 2. Prepares to strike Iran again, claims complete control of the strait —US President Trump: The Iranian regime is collapsing, and the next round of strikes against Iran won't last long. We are prepared to strike Iran again. We completely control the Strait of Hormuz, exporting millions of barrels of oil from here every day. I hope domestic retail gasoline prices will drop. 3. Stock market will rise—US President Trump: The stock market is hitting new records every day. The stock market is unaffected and could even be higher now. Believe it or not, the stock market will rise. 4. Praises Apple Maps for renaming Lake Ontario to "American Lake" —Trump posted on social media that Apple has agreed to rename Lake Ontario to "American Lake." With both Google Maps and Apple Maps completing their name changes, this "significant renaming" is now complete, approved, and binding. 5. Signing of Temporary Funding Bill – White House: Trump signed the temporary funding bill into effect today. 6. Phone Call with UAE President – According to the UAE News Agency, UAE President Al Nahyan received a phone call from US President Trump. The two exchanged views on a range of issues of common concern, particularly developments in the Middle East and efforts to address them. 7. Discussion on Iran with US Defense Secretary's Secretary – According to NewsNation: Trump stated that he spoke with the secretary to US Defense Secretary Hegsays late last night to discuss Iran. 8. "Repairing Relations" with Anthropic – According to foreign media reports, US Commerce Secretary Lutnick stated that the artificial intelligence company Anthropic has repaired relations with the Trump administration, and the sharp differences between the two sides over national security issues that have lasted for months appear to have been resolved.