UBS

BNP Paribas has appointed Peter Kwok as chief executive of BNPP (China) on the back of rising demand from clients in China for sophisticated financial services. Kwok started in his new role on December 11.

Dalian Wanda Commercial Properties pulled off one last hurrah for Hong Kong’s IPO market this week, raising HK$28.8bn ($3.7bn) in the city’s largest listing for more than three years. The property developer, owned by Chinese billionaire Wang Jianlin, priced its shares on December 16 at HK$48.00, near the top end of guidance, despite niggling fears about China’s cooling property sector, writes John Loh.

Andrea Orcel, head of UBS Investment Bank, will become chief executive of UBS Ltd and UBS London branch, while David Soanes, head of financial institutions will become UK Country Head.

Dalian Wanda Commercial Properties pulled off one last hurrah for Hong Kong’s IPO’s market this week, raising HK$28.8bn ($3.7bn) in the city’s largest listing in nmore than three years before the market shuts down for Christmas.

Dalian Wanda Commercial Properties is expected to price its IPO near the top of guidance to raise HK$28.8bn ($3.7bn) for Hong Kong’s largest listing this year.

Biomedical material manufacturer Shanghai Haohai Biological Technology is looking to list in Hong Kong.

Siemens Audiology Solutions, the hearing aid business of Siemens, closed the final part of its acquisition debt package with great success late last Friday (December 12), allocating the €785m leveraged loan on the same day as the deadline for commitments.

BAIC Motor has raised HK$11.04bn ($1.42bn) after pricing its IPO — one of the last billion-dollar listings for Hong Kong in 2014 — just above the midpoint of guidance.

Permira today resumed its gradual exit from Hugo Boss, as it sold 4.9m shares in the company for a total of €500m, in what could be one of the last large accelerated bookbuilds in Europe this year.

China Orient Asset Management opened books for a tap to a five and 10 year dual trancher late last week. But it decided not to price the longer bond as it was content with the strong reception for the five year.

UBS has appointed Alison Harding-Jones as its Asia Pacific head of M&A advisory, according to an internal memo seen by GlobalCapital Asia.

Fiat Chrysler Automobiles raised $3.46bn on Wednesday, when it priced its $2.5bn mandatory convertible bond and $957m share offering, designed to strengthen its balance sheet and gain a new investor base in the US.