Hong Kong market opens lower, crude oil jumps.
The Hong Kong stock market on Friday snapped the two-day losing streak in which it had given up more than 60 points or 0.3 percent. The Hang Seng Index now rests just above the 22,340-point plateau, although the market may head south again on Monday.
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Property stocks were down after poor weekend sales and
rising expectations of an interest rate hike in the United States. Henderson
Land slipped 0.24 per cent and New World Development fell 0.23 per cent.
