Asian markets sank on Monday on fears about contagion from a possible collapse of teetering property giant China Evergrande, while sentiment was also dragged by the Federal Reserve’s plans to taper monetary policy, surging Delta infections and signs of weakness in the global recovery. Hong Kong again led the losses with Evergrande due to pay interest on some of its loans and bonds this week, with observers expecting it to default. Uncertainty about the future of the company, which is drowning in debts of more than $300bn, has shattered confidence on trading floors, with property companies and banks in Hong Kong taking the brunt of the selling. Hong Kong shed 3.3%, with Evergrande down almos
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