Fears about China’s Evergrande spread to global markets
What’s happening: Stocks in Europe tumbled Monday morning after Hong Kong’s Hang Seng dropped 3.3%, suffering its worst decline in nearly two months. Chinese banks, insurers and other real estate companies were slammed. US futures are also sharply lower. Shares of Evergrande Group (EGRNF) plummeted 10% in Hong Kong, hitting just 2.28 Hong Kong dollars … Read more