While the Hang Seng Technology Index fell by 4%, the construction materials sector was under the most pressure. According to Jin10, in the case of a decline within the market breadth, sectors such as construction materials, cement, semiconductors, non-round metals, optical communications, and gold stocks suffered the most significant losses. The overall Hang Seng Index decreased by 2.77%, reflecting the competitive pressure present in many sectors, including construction materials.
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