Welcome to Your Week in Asia.
Chinese automakers have made great strides in recent years, upending the global car sector. Insights into the state of the domestic industry will come through company earnings, while a trade show later in the week will indicate what Chinese automakers have in store -- and how their foreign counterparts are trying to respond to them.
Hon Hai Precision Industry, better known as Foxconn, will host its annual tech day. Last year, the company unveiled two EV designs, while this year Chairman Young Liu has hinted there will be an announcement connected to ChatGPT maker OpenAI.
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MONDAY
Chinese automaker earnings
Chinese automaker Geely releases its earnings on Monday, followed by smartphone company-turned-carmaker Xiaomi on Tuesday, providing fresh insight into the country's ultracompetitive car market. A price war has continued to test carmakers despite government efforts to tamp down "disorderly" competition.
Japan GDP
Japan publishes gross domestic product data that is expected to show its economy contracted for the first time in over a year in the July-September quarter. One survey of economists produced a median forecast of a 1.8% decline in quarter-on-quarter growth. Exports likely suffered from the impact of U.S. tariffs.
Data: Thailand GDP
TUESDAY
Physics Wallah listing
Indian educational tech company Physics Wallah will list on the public bourses after an initial public offering worth 34.8 billion rupees ($392 million). It will join a string of local late-stage, venture capital-backed startups that have listed in the past week. The company, which started as a YouTube channel, survived an earlier wave of financial difficulties and layoffs in the edtech sector, which included the downfall of the country's once highest-valued startup Byju's.
Earnings: Baidu
IPO: PMW International
WEDNESDAY
Monetary policy: Indonesia
IPO: Aquawalk Group
Data: Japan trade
FRIDAY
Foxconn annual tech day
Foxconn kicks off its annual tech day in Taipei, where the key Nvidia and Apple supplier will showcase its wide range of artificial intelligence applications. Highlights include a keynote speech by Chairman Liu and an address on EVs by Chief Strategy Officer Jun Seki. Executives from Nvidia, IBM and others are also set to attend.
Guangzhou motor show
Auto Guangzhou returns to the southern Chinese city, running through the end of the month. The annual automotive exhibition is expected to feature over 1,000 vehicles, more than half of which are either pure EVs or hybrids, from brands including Mercedes-Benz, Nio and Xiaomi. The event comes as total vehicle sales rose 12.4% to 27.68 million units in the first 10 months of the year, partly driven by exports.
VinFast earnings
Vietnamese electric vehicle maker VinFast will report third-quarter earnings. The Nasdaq-listed manufacturer has racked up years of losses but has also set sales records, for example by selling 120,000 EVs this year through October.
Data: Malaysia consumer price index, India purchasing managers index, Singapore GDP
SATURDAY
G20 summit
South Africa will host the latest G20 summit over two days, with Asian nations such as China, India and Japan in attendance. However, the event has been overshadowed by U.S. President Donald Trump's planned boycott. Amid resulting reduced expectations for the multilateral forum, countries are aiming to use the occasion to advance bilateral ties.
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