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HSBC is studying plans to cut costs by at least $3 billion. On December 11th, it was reported that HSBC Holdings was studying plans to cut costs by at least $3 billion. According to people familiar with the matter, HSBC told managers last week that its reform would not be completed until June 2025. These people said that the total cost savings are still in progress, but executives hope that this work will help them reduce their expenses by at least $3 billion.US officials said that the United States is focused on providing Ukraine with the air defense system it needs to defend against Russian missiles and drones.R&F Properties announced on the Hong Kong Stock Exchange that the High Court ordered that the hearing of R&F Hong Kong's petition be postponed until December 16, 2024.

US official: Russia may launch another experimental Oreshnik missile into Ukraine in the next few days. It is expected that Russia's Oreshnik missile is not a game changer on the battlefield, but an attempt to intimidate Ukraine.India's new central bank governor: policy stability is very important and will try to maintain policy continuity.Market News: US Secretary of State Blinken will travel to Jordan and Turkey for talks on the Syrian issue on Wednesday.

Southbound funds bought a net of 7.285 billion yuan today, and southbound funds bought a net of 7.285 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), TraHK and China Mobile received net purchases of HK$ 2.719 billion and HK$ 352 million respectively; Tencent Holdings ranked first in net sales, amounting to HK$ 491 million; In terms of Hong Kong Stock Connect (Shenzhen Stock Connect), TraHK and Hang Seng China Enterprises received net purchases of HK$ 2.501 billion and HK$ 665 million respectively; Meituan -W ranked first in net sales, amounting to HK$ 602 million.Market news: Poland will promote common defense funds during its presidency of the European Union.Sources: Thailand's Cabinet approves the draft of the lowest corporate tax law in the world.