A-share CPO sector dipped in the afternoon then rebounded; Qingshan Paper hit the daily limit-up, with Zecheng Electronics, Changyingtong, Tianyang New Materials and Zhongji Xuchuang rising in sympathy.

Reports say the US and Venezuela recently reached an oil cooperation agreement that involves Chinese firms’ oil operations in Venezuela. Foreign Ministry spokesman Guo Jiakun said at a regular briefing that Beijing has noted the reports, stressed state-to-state economic cooperation should follow equality and mutual benefit, and that China‑Venezuela cooperation is protected by international law and both countries’ laws. He said China’s legitimate rights and interests in Venezuela must be guaranteed.

U.S. 6-month Treasury auction on Aug. 31 bid-cover ratio 2.63, prior 3.05.