real weakness in the chinese market -- let's get to haidi lun. haidi: that's right.rom pretty bad to really terrible for the chinese markets. when i last spoke to you, shanghai closed by 6.4%, dropping the most in more than a month. this on account of that spike in overnight lending. this comes at a time when open market operations are draining from the market following a chinese new year, when they added so much into the market. banks are being forced to put aside more cash, which is weighing on equities. that's how china is feeling. hong kong is doing slightly better, still down 1.5%. elsewhere, a pretty mixed picture. 1%,ey closing by 1/10 of and in tokyo, the nikkei 225 seeing a good rally. there was one major loser when it comes to the japanese market. and you guys will cover it in greater detail, but investors want it back into trading after that regulatory announcement; that plunged. pointdown by 22% at one before recouping some of those losses, then closing down by 14 $%. it's a $6.2 billion offer that has been accepted, and is still subject to regulatory app