Lang, secretary of the Supreme National Security Council, said Tehran will not yield to U.S. economic pressure and that the Strait of Hormuz will remain closed until Washington fulfills its commitments.

Canadian Prime Minister Carney said he cannot accept the conditions proposed by the United States and will not grant what they requested.

Zhongtai Securities says the mid–late August pullback began as expected; the market retraced after a rally, volumes fell and stabilized. It maintains a mid‑term view that the market should strengthen again in September. The correction offers a right‑side buying opportunity; allocation focus remains on technology manufacturing and nonferrous metals. Mid‑term recommendations: increase exposure to STAR 50, nonferrous metals and gold. In September, if AI revenue concerns ease and Fed rate expectations improve, STAR 50 may see a trend recovery. Short‑term defensive preferences are power equipment and energy & chemical manufacturers; thematic focus on edge AI and AI applications with existing commercialization paths. Be cautious on overseas compute capacity until end‑of‑month model releases and revenue data validate demand.