On July 12丨A-shares fluctuated in a narrow range. As of midday trading, the Shanghai index fell 0.13%, the Shenzhen index fell 0.18%, and the GEM index fell 0.24%. The half-day turnover of the Shanghai and Shenzhen markets was 539.6 billion yuan, and the net sales of Northbound Capital was 731 million yuan. On the market, sectors such as fluorine chemicals, automotive components, and millimeter wave radar registered the highest gains, while sectors such as CPO, computing power leasing, 6G, and ChatGPT registered the highest declines. In terms of ETFs, China Securities continued to be strong overnight. Relevant ETFs dominated the list of gains. Harvest Fund's China Securities ETF and Huaan Fund's Hang Seng Internet ETF rose 2.35% and 2.32% respectively. Commodity futures picked up, and soybean meal ETFs rose 1.78%. The chemical industry showed an active performance, with the E-Fangda Fund's chemical ETF rising 1.54%. The photovoltaic sector rebounded again, and the Guangfa Fund PV 30 ETF rose 1.33%. The wave's semi-annual report was thunderous. The computing power sector had the highest decline. The Cathay Pacific Fund Communications ETF and the Penghua Fund Big Data ETF fell 2.74% and 2.52% respectively. The gaming sector declined across the board, with Cathay Pacific Fund gaming ETFs falling 2.27%. The real estate sector is turning green, with real estate ETF funds falling 1.76%.