China's Fifth Plenum opens in Beijing from October 26 to 29, one of several major events to watch across Asia this week, alongside Jio Platforms' stock market debut in India and the Bank of Japan's latest policy meeting.
Fifth Plenum centers on party governance and discipline
The four day, closed door gathering is expected to focus on party governance and discipline, and is widely seen as an opportunity for General Secretary Xi Jinping to further consolidate his position ahead of a leadership transition anticipated in 2027.
Jio Platforms debuts on Indian bourses
In the same week, Jio Platforms, the technology arm of Reliance Industries, is expected to list on Indian stock exchanges on Wednesday, October 29, in an initial public offering worth 3.2 billion dollars, the largest IPO in the country's history. The offering was reported to have been fully subscribed within two hours of opening, marking the first public listing by a Reliance Industries group company in 20 years.
Bank of Japan holds its policy meeting
The Bank of Japan's two day policy meeting concludes Friday, October 31, with interest rates widely expected to stay unchanged at 1.25 percent. Analysts said markets are likely to focus less on the rate decision itself and more on what Governor Kazuo Ueda signals about the chances of a rate increase in December.
