Samsonite rejected the allegations as "one-sided" and "misleading".
Samsonite's shares were set to open down 8.8 percent at HK$28.00.
(Reporting by Anne Marie Roantree; Editing by Edwina Gibbs)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
26.9 HKD | -1.47% | -8.03% | +4.47% |
Apr. 12 | Samsonite International S.A. Announces Refinancing of Term Loan B Facility | CI |
Mar. 22 | Hong Kong Shares Pulled Down by Weak Earnings Data; Orient Overseas Tanks 17% | MT |
HONG KONG (Reuters) - Shares of Samsonite International SA were set to fall 9 percent on Friday as trade resumes after short seller Blue Orca said the world's largest luggage maker had questionable accounting practices.
Samsonite rejected the allegations as "one-sided" and "misleading".
Samsonite's shares were set to open down 8.8 percent at HK$28.00.
(Reporting by Anne Marie Roantree; Editing by Edwina Gibbs)
1st Jan change | Capi. | |
---|---|---|
+4.47% | 5.09B | |
+8.79% | 424B | |
+5.58% | 144B | |
-32.03% | 43.79B | |
+17.99% | 18.92B | |
+9.12% | 10.06B | |
+24.00% | 8.16B | |
-12.95% | 6.13B | |
+10.36% | 5.93B | |
-19.90% | 5.67B |