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Russia said that Ukraine used American-made missiles to attack Russian airports. Russian Presidential Press Secretary peskov said today (December 12) that Russia will definitely respond to Ukraine's attack on Russian military airports using American-made army tactical missiles. Sabrina Singh, deputy spokesperson of the US Department of Defense, said on the 11th that Russia may launch the Hazelnut missile again in the next few days, and the United States will continue to support Ukraine in air defense. (CCTV International News)Dong Ximiao, Principal Investigator of Zhaolian: Support small and medium-sized banks to better establish a long-term mechanism for capital replenishment. The Central Economic Work Conference proposed to effectively prevent and resolve risks in key areas and firmly hold the bottom line of systemic risks. The meeting also proposed that the risks of local small and medium-sized financial institutions should be properly handled. Dong Ximiao, chief researcher of Zhaolian, believes that more resolute and effective measures should be taken to promote the real estate market to stop falling and stabilize, speed up the reform of small and medium-sized financial institutions, and firmly hold the bottom line of no systemic risks. (SSE)Xue Hongyan, Vice President of Xingtu Financial Research Institute: Stabilizing the stock market means stabilizing expectations and confidence. The Central Economic Work Conference was held in Beijing from December 11th to 12th. Why is the central government proposing to "stabilize the stock market" at this time node? What are the considerations behind it? Xue Hongyan, vice president of Xingtu Finance Research Institute, pointed out that the stock market is a barometer of the economy, and its ups and downs reflect the social expectation of the economic development prospects. In this sense, stabilizing the stock market will help to better form a positive and optimistic situation for development. Since the "924" policy shift, the A-share market has ushered in a round of surge, and the bull market has been widely discussed at the social level, which has effectively boosted market confidence. Therefore, in a sense, stabilizing the stock market means stabilizing expectations and confidence. The meeting proposed to deepen the comprehensive reform of investment and financing in the capital market. What is the internal relationship between this and "stabilizing the stock market", and how should the next step of "deepening the comprehensive reform of investment and financing in the capital market" be exerted? Xue Hongyan said that the value of the capital market is mainly reflected in two aspects: one is to serve the high-quality development of the real economy with financing function, and the other is to let investors share more fruits of economic development with investment function, which are mutually causal and indispensable. Xue Hongyan believes that this round of capital market reform, emphasizing on vigorously guiding medium and long-term funds to enter the market, opening up the blocking points of social security, insurance, wealth management and other funds to enter the market, and emphasizing the protection of the interests of small and medium-sized investors, will help fundamentally improve the capital supply and demand structure and micro-ecology, and lay a solid foundation for the long-term cattle market. (The country is a through train)

Russian Foreign Minister: It's not the first time that Ukrainian President refused to propose a ceasefire. On December 12, local time, the Russian Foreign Ministry reported that Hungarian Foreign Minister Sergei Jardot had spoken with Russian Foreign Minister Lavrov and told Ukrainian President Zelensky that he had rejected the Hungarian proposal for a temporary ceasefire and an exchange of prisoners of war in the Russian-Ukrainian conflict. Lavrov said that this is not the first time that the Ukrainian authorities rejected the relevant suggestions made by other countries after releasing their own signals. Hungarian Prime Minister Orban said on the 11th local time that Ukrainian President Zelensky explicitly rejected the proposal of a ceasefire on December 25th. "Hungary's rotating presidency of the European Union has come to an end. We have made the latest efforts for peace and proposed a ceasefire on December 25th and a large-scale exchange of prisoners of war. Zelensky explicitly rejected and ruled out this possibility ".Sullivan, US National Security Adviser: I have had a good discussion with my successor to ensure a smooth handover.US National Security Adviser Sullivan: When I met with Israeli Prime Minister Benjamin Netanyahu, I felt that he was ready to reach an agreement.

WTI crude oil fell by 1.0% in the day to 69.17 USD/barrel.Korean media disclosed the details of the State Council meeting before and after the emergency martial law. According to Yonhap News Agency, the South Korean Ministry of Administration and Security disclosed the relevant information provided by the Presidential Palace on December 11th about the meeting to declare emergency martial law and lift martial law. According to the data, Premier Han Dezhu said that all State Councillors attending the State Council meeting on the evening of the 3rd of this month expressed their opposition to the martial law proposed by President Yin Xiyue, and believed that martial law would have a serious impact on the Korean economy and credit, and would not be accepted by the people. (CCTV International News)Lian Ping, Dean and Chief Economist of Guangkai Chief Industry Research Institute: It is expected that deficit ratio will be allocated 4%-4.5% next year, and its finance will be more active to meet the current economic needs. (Xinhua Finance)