Base metals sold off as fresh Evergrande fears grip market

LONDON metals slumped overnight as new debt default concerns arose around troubled property developer China Evergrande Group.

Base metals sold off as fresh Evergrande fears grip market Base metals sold off as fresh Evergrande fears grip market Base metals sold off as fresh Evergrande fears grip market Base metals sold off as fresh Evergrande fears grip market Base metals sold off as fresh Evergrande fears grip market

Evergrande shares plunged 12.5% yesterday in Hong Kong after the company failed to offload one of its divisions in order to meet a debt repayment.

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