Version

3.1.1

Reproduction link

https://codesandbox.io/s/peaceful-currying-ukst2

Steps to reproduce

createSSRApp(Component);

use v-html in the Component.

What is expected?

the content of v-html is rendered in SSR-mode and CSR-mode

What is actually happening?

The content of v-html is not rendered at all

might be a regression of this: https://github.com/vuejs/vue/issues/3078

Please don't use fake reproductions. Follow https://new-issue.vuejs.org/?repo=vuejs/vue#why-repro and provide a boiled down repro on the right repository (vue if Vue 2, vue-next if Vue 3). This could help: https://ssr.vuejs.org/