Referencing my NPN seasonal chart (published at the beginning of last week, see attached), NPN appears to be losing steam in the short term. I also highlighted this chart (with annotations) on Tuesday suggesting 'reduce' if you're a short term trader. Tencent looking weak in HK this morning - possibly on the back of the social unrest seen in China as well as China's market regulator on Sunday saying that it had imposed fines on those firms for failing to comply with anti-monopoly rules on the disclosure of transactions.
