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Dec. 14 (Bloomberg) -- Ronald Arculli, chairman of Hong Kong Exchanges & Clearing Ltd., talks about the market for initial public offerings. He also discusses Hong Kong's topping the World Economic Forum’s 2011 index of financial market development, supplanting the U.S. and U.K. from the highest rankings for the first time. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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