The trouble continues...

Hong Kong's Hang Seng index drops 2% amid Evergrande trading halt

Trading in the Hong Kong-listed shares of China Evergrande Group was halted on Monday as investors continue to monitor the situation surrounding the embattled developer.

"Evergrande default related stress may return to the fore as a dollar note worth USD260mn issued by Jumbo Fortune Enterprises, guaranteed by Evergrande, effectively matures today," Mizuho Bank wrote in a Monday note. "Nonpayment would constitute a default." - CNBC