Shares in China’s Evergrande plunge again as fears of contagion grow

Hong Kong stock fell up to 17% amid default fears that are beginning to have a knock-on effect on other markets

Shares in the embattled Chinese property company Evergrande have plunged again as investors weigh up whether the group's massive debt problems could trigger a broader sell off across all financial markets.

Related: China's Lehman Brothers moment': Evergrande crisis rattles economy