HK Stock Market Move | SAMSONITE (01910) rose more than 4%, with institutions expecting its third-quarter sales to improve this year.

SAMSONITE (01910) rose more than 4%, rising 4.61% as of the time of writing, to 16.58 Hong Kong dollars, with a trading volume of 35.1447 million Hong Kong dollars. On the news front, SAMSONITE will hold a board meeting on November 12 to consider and approve the quarterly performance reports of the company and its subsidiaries for the three and nine months ending September 30, 2025. HSBC Research released a report stating that SAMSONITE's sales in the first half of the year dropped by 5.2% at fixed exchange rates, and is expected to gradually improve in the second half of the year, with a decrease of 3.3%. The main reason for this improvement is the low base, especially the third quarter having the lowest comparison base for the whole year. The bank maintains its target price of 21 Hong Kong dollars and a "buy" rating; with sales expected to improve in the third quarter of this year and resume growth next year, the stock may undergo a revaluation. In addition, the bank believes that there is a clear possibility for the group to have a dual listing in the United States in the first half of next year.