Evergrande shares plunge on market return as deal falls through

Chinese home sales by value slumped 16.9 percent year-on-year in September

Chinese property giant Evergrande's shares plunged Thursday after resuming trading in Hong Kong, with the failure of a unit sale deal deepening fears the indebted firm will collapse and send shockwaves through the world's second-largest economy.

- 'Contagion' - Fears that Evergrande could collapse and send shockwaves through the Chinese economy have rattled buyers and markets -- even though Beijing has insisted any fallout would be containable.