diff --git a/CHANGELOG.md b/CHANGELOG.md
index d3955240f46..9e8c7505a33 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,21 @@
+# [2.7.0-beta.3](https://github.com/vuejs/vue/compare/v2.7.0-beta.2...v2.7.0-beta.3) (2022-06-20)
+
+
+### Bug Fixes
+
+* remove wrong observe toggle, properly disable tracking in setup() ([2d67641](https://github.com/vuejs/vue/commit/2d676416566c06d7c789899c92bf0f6924ec284a))
+* **setup:** setup props should pass isReactive check ([52cf912](https://github.com/vuejs/vue/commit/52cf912d855a7fae8d8c89452f0d275846e26a87)), closes [#12561](https://github.com/vuejs/vue/issues/12561)
+* **template-ref:** preserve ref removal behavior in non-composition-api usage ([2533a36](https://github.com/vuejs/vue/commit/2533a360a838c41238dc9b9b840932f2957c65d4)), closes [#12554](https://github.com/vuejs/vue/issues/12554)
+
+
+### Features
+
+* **sfc:** css v-bind ([8ab0074](https://github.com/vuejs/vue/commit/8ab0074bab83473fd025ae538a3455e3277320c4))
+* **sfc:** parse needMap compat ([d3916b6](https://github.com/vuejs/vue/commit/d3916b69b491bb0964102b69a8bb2e9336f7677b))
+* useCssModules ([0fabda7](https://github.com/vuejs/vue/commit/0fabda7a3b016c1c0cb5d92f5d8efc35f0dbde40))
+
+
+
 # [2.7.0-beta.2](https://github.com/vuejs/vue/compare/v2.7.0-beta.1...v2.7.0-beta.2) (2022-06-17)
 
 
diff --git a/package.json b/package.json
index ffc25629fa4..ff48f1b15c7 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vue",
-  "version": "2.7.0-beta.2",
+  "version": "2.7.0-beta.3",
   "packageManager": "pnpm@7.1.0",
   "description": "Reactive, component-oriented view layer for modern web interfaces.",
   "main": "dist/vue.runtime.common.js",
diff --git a/packages/compiler-sfc/package.json b/packages/compiler-sfc/package.json
index b3b63867f47..bf0c4619aba 100644
--- a/packages/compiler-sfc/package.json
+++ b/packages/compiler-sfc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@vue/compiler-sfc",
-  "version": "2.7.0-beta.2",
+  "version": "2.7.0-beta.3",
   "description": "compiler-sfc for Vue 2",
   "main": "dist/compiler-sfc.js",
   "types": "dist/compiler-sfc.d.ts",
diff --git a/packages/server-renderer/package.json b/packages/server-renderer/package.json
index fdab5b63970..b75153ba296 100644
--- a/packages/server-renderer/package.json
+++ b/packages/server-renderer/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vue-server-renderer",
-  "version": "2.7.0-beta.2",
+  "version": "2.7.0-beta.3",
   "description": "server renderer for Vue 2.0",
   "main": "index.js",
   "types": "types/index.d.ts",
diff --git a/packages/template-compiler/package.json b/packages/template-compiler/package.json
index b9da6a43a2a..56deda28529 100644
--- a/packages/template-compiler/package.json
+++ b/packages/template-compiler/package.json
@@ -1,6 +1,6 @@
 {
   "name": "vue-template-compiler",
-  "version": "2.7.0-beta.2",
+  "version": "2.7.0-beta.3",
   "description": "template compiler for Vue 2.0",
   "main": "index.js",
   "unpkg": "browser.js",