In July, there is no possibility of an interest rate cut, and the non-farm payrolls are so strong. Recently, the U.S. has started looking into imposing tariffs on allies. Yesterday, a 25% tariff was set for Japan and South Korea, and discussions about tariffs also impacted the market decline. I think the recent market situation may replicate last year's trend, with fluctuations and adjustments leaning towards a downward channel in July and August. There are expectations for an interest rate cut in September, just like last year, with a direct cut of 50 basis points. October is traditionally a month of big pumps. October of both 2023 and 2024 saw big pumps. This year should be no exception. By then, the U.S. will engage in point shaving, and we will too. The A-shares should also rise in the second half of the year.