🔴 BOCOM International is trading 9.68% down today as perpetual securities may heighten investor caution

BOCOM International is trading at HK$0.42, down 9.68%, amid broader financial-sector weakness and elevated-rate concerns.

• On September 23, BOCOM International announced pricing for RMB1.1 billion and US$134 million in subordinated perpetual securities, with proceeds intended for liabilities or asset deployment.
• The securities are perpetual, subordinated and unsecured, potentially increasing investor caution. No separate September 25 company announcement clearly explains the decline.