Shenzhen Composite Index reversed into gains after an earlier intraday drop of over 1%; digital media and semiconductor sectors active. Constituents Zhongwen Online and Mango Excellent Media each hit 20% limit-up.

Chinese coking coal 2701 contract up 7.39% intraday to 1,743 yuan/ton; open interest rose 61,900 lots intraday, a notable position build. Chinese coke main contract up 4.00% intraday to 2,235.50 yuan/ton.

Aug. 31 — Foreign Ministry spokesperson Guo Jiakun said at a routine briefing that a glacier collapse in the Nepal-border area triggered a severe debris flow causing significant casualties and missing persons in China and Nepal. China launched emergency self-rescue and immediately extended assistance to Nepal, supporting its relief operations. As of yesterday noon, all Chinese nationals contacted in the Nepal disaster area have been relocated and are in safe condition. China is making all-out efforts to search for domestic and foreign missing persons and is in close contact with foreign embassies in China to coordinate identification and follow-up for missing foreign nationals.