The specs of this handset confirm the latest rumors - a MediaTek Helio P15 SoC, 4 GB RAM,32 GB internal storage, and a 3,050 mAh battery. The price in China is around $295 USD and, for now, there is no info about its availability in other areas.
http://www.notebookcheck.net/Lenovo-Moto-M-launches-in-China.182807.0.html