SAMSONITE (01910) surged over 4%, rising 4.61% to HK$16.58 at the time of writing, with trading volume reaching HK$35.1447 million.

On the news front, SAMSONITE will hold a board meeting on November 12 to consider and approve the quarterly results report for the three months and nine months ended September 30, 2025, for the company and its subsidiaries.

HSBC Research released a report stating that SAMSONITE's first-half sales declined 5.2% at constant exchange rates. The firm expects sales to gradually improve in the second half, with the decline narrowing to 3.3%, primarily due to a lower base, particularly as the third quarter comparison base is the lowest for the full year. HSBC expects sales to decline 2.5% at constant exchange rates for that quarter.

The firm maintains a target price of HK$21 and a "Buy" rating. As sales are expected to improve in the third quarter this year and return to growth next year, the stock may see valuation re-rating. Additionally, the firm believes there is a clear possibility of the group's dual listing in the United States in the first half of next year.