Apple(US:AAPL) 券商中国·2025-10-22 12:46Macroeconomic Dynamics - China's foreign exchange revenue and expenditure reached a record high of $11.6 trillion in the first three quarters, a year-on-year increase of 10.5% [2] - The net inflow of cross-border funds was $119.7 billion, with a bank settlement surplus of $63.2 billion, both higher than the same period last year [2] - Beijing's GDP grew by 5.6% year-on-year in the first three quarters, with the primary industry decreasing by 1.1%, the secondary industry increasing by 4.0%, and the tertiary industry growing by 5.8% [3] Fuel Price Adjustments - The price of 92-octane gasoline is expected to drop to between 6.77 and 6.80 yuan per liter, marking a return to the 6 yuan era for most regions, the lowest since 2021 [4][5] - Current average prices for 95-octane gasoline and diesel are projected to decrease to 7.25 to 7.28 yuan and 6.40 to 6.43 yuan per liter, respectively [5] Company Dynamics - Goldman Sachs raised its target price for Apple Inc. to $279.00, maintaining a "buy" rating, anticipating strong demand for the iPhone 17 and limited impact from third-party payment changes on App Store revenue [7] - Kaisheng New Materials reported a net profit of 27.27 million yuan in Q3, a year-on-year increase of 1645.49%, with total revenue of 242 million yuan, up 19.96% [12] - Hengdian Film City achieved a net profit of 206 million yuan in the first three quarters, a year-on-year increase of 1084.8%, driven by increased profits from film screenings and related businesses [13] - Apple officially launched the iPhone Air in China, starting at 7,999 yuan, featuring eSIM activation and various color options [14]