SAMSONITE (01910) surged more than 4%, reaching HK$20.36 by the time of writing, with a trading volume of HK$100 million. The uptick follows a recent CLSA research report highlighting China's consumer sector opportunities, particularly in niche markets and premium consumption. The report noted that relaxed monetary policies, stock market improvements, and increased offshore financing are driving recovery in high-end consumption. CLSA expects consumer sentiment and CPI data to remain stable, with companies poised to benefit from market segmentation, global expansion, and premium consumption recovery. SAMSONITE was listed as one of CLSA's top three preferred stocks in the sector.

Goldman Sachs earlier pointed out that SAMSONITE's management appeared more optimistic in their latest earnings call compared to August. The bank anticipates stronger Q4 net sales growth, supported by new product launches in September and increased advertising ahead of the peak season. Goldman Sachs also cited SAMSONITE's potential dual listing in the U.S. next year and share buybacks to mitigate dilution as catalysts for future revaluation.