On August 12, the three major stock indexes of A-shares experienced a volatile adjustment. As of the close of the market, the Shanghai Composite Index fell by 0.14%, the Shenzhen Component Index fell by 0.24%, and the Chinext Price Index fell by 0.20%. The trading volume of the Shanghai and Shenzhen stock markets decreased by 67.2 billion yuan to 495.9 billion yuan, falling below the 500 billion yuan mark for the first time since May 25, 2020. Over 3,600 stocks in the two markets declined. In terms of market performance, the pharmaceutical sector surged, with leading gains in COVID-19 therapeutic drugs and antigen testing. The energy-saving and environmentally friendly sector strengthened, and the hydrogen energy and natural gas sectors saw a significant rise in the afternoon. The real estate, education, commercial aerospace, and auto sectors experienced adjustments. In terms of ETFs, COVID-19 related thematic concepts were sought after, and traditional Chinese medicine ETFs performed strongly throughout the day. Penghua Fund's traditional Chinese medicine ETF and Huitianfu Fund's traditional Chinese medicine ETF both rose by 2.7%. US stocks closed higher last Friday, with Invesco QQQ Trust and China AMC CSI 300 Index ETF rising by 1.77% and 1.63% respectively. The latest premium/discount ratio for these ETFs is 9.31% and 2.86% respectively. Saudi Arabian ETFs followed the upward trend, with Huatai Bairui Fund's Saudi Arabian ETF and Nanfang Fund's Saudi Arabian ETF both rising by 1.5%. The real estate sector experienced a correction, with real estate ETFs and real estate ETF funds falling by more than 3%, and the robot sector declined with the Siasun Robot&Automation 100 ETF falling by 2.56%. The tourism sector declined, with the tourism ETF falling by 2%.