Recent large-scale purges within the People’s Liberation Army, including the removal of multiple Central Military Commission members such as Zhang Youxia and Liu Zhenli on corruption and disloyalty grounds, have left numerous seats vacant at the Fifth Plenum. These actions, announced in September and October 2026, reflect intensified internal discipline efforts ahead of the 2027 party congress. No coordinated military or factional effort to seize power has been confirmed by credible reporting in the past month. Trader consensus on low odds for a coup attempt before year-end aligns with the absence of verified execution of such plans, though scheduled leadership meetings and any sudden public absences could still introduce volatility.