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On October 25, China Merchants Land announced on the Hong Kong Stock Exchange that for the nine months ended September 30, 2025, the Group, together with its associates and joint ventures, achieved total contract sales of approximately RMB25.662 billion (a decrease of approximately 8.44% year-on-year), with total contract sales area of approximately 994,540 square meters (a decrease of approximately 23.26% year-on-year). The average selling price for the nine months ended September 30, 2025, was approximately RMB25,803 per square meter (an increase of approximately 19.32% year-on-year). From July 1 to September 30, 2025, the Group, together with its associates and joint ventures, achieved total contract sales of approximately RMB9.569 billion (an increase of approximately 14.70% year-on-year), with total contract sales area of approximately 273,582 square meters (a decrease of approximately 36.03% year-on-year). From July 1, 2025 to September 30, 2025, the average selling price was approximately RMB34,978 per square meter (an increase of approximately 79.29% year-on-year).According to the Wall Street Journal: OpenAI CEO Sam Altman was part of the movement to prevent Trump from sending troops to San Francisco.On October 25th, the Russian Ministry of Defense announced that over the past week, Russian forces had seized control of 10 settlements and launched large-scale strikes against Ukrainian defense industry enterprises, as well as transportation and energy infrastructure and long-range drone assembly, production, storage, and launch sites used by the Ukrainian military. Russian air defense forces shot down and destroyed a Ukrainian Su-27 fighter jet, four cruise missiles, 18 aerial bombs, 15 HIMARS rockets, and 1,441 drones. The Ukrainian Armed Forces General Staff stated that as of that afternoon, 82 battles had taken place on the front lines. Russian forces remained most active in the Pokrovsk region. Separately, the Ukrainian state news agency reported that Ukrainian forces had seized control of a settlement in the Kremlin.Newmont Mining (NEM.N): Operations at the Ahafu North mine are expected to produce between 275,000 and 325,000 ounces of gold annually over the next five years, with a total mine life of 13 years.Newmont Mining (NEM.N): The Ahafo North mine in Ghana has begun commercial production and will produce approximately 50,000 ounces of gold in 2025.

Tesla drops Model 3, Model Y base prices by up to 9% in China

Aria Thomas

Oct 24, 2022 14:08

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According to advertisements on the company's Chinese website on Monday, Tesla (NASDAQ:TSLA) has dropped the beginning costs of its Model 3 and Model Y vehicles in China by as much as 9 percent.


The base price of the Model 3 car was dropped from 279,900 yuan to 265,900 yuan ($36,727.03), while the base price of the Model Y SUV was reduced from 316,900 yuan to 288,900 yuan.


According to Reuters, Tesla has been modifying prices in accordance with expenses. It was reported that capacity utilization at its Shanghai Gigafactory has increased, but the supply chain has remained consistent, leading in lower costs.


This is Tesla's first price cut in China in 2022; earlier in the year, the company raised prices on two models due to rising raw material costs. In September, Tesla began giving insurance benefits to consumers in an effort to encourage future purchases.


Reuters previously reported that Tesla has modernized its Shanghai factory to produce 22,000 Model 3 and Model Y vehicles each week.


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