中信证券9月12日发布公告。Therefore, we retain our2023E/24E/25E EPS forecasts of US$0.26/0.30/0.34. Samsonite's current valuation is attractive. We refer to the average valuations (current prices correspond to27x/25x2023E/24E PE, both based on Bloomberg consensus estimates) of international luggage and apparel brands (eg Prada and LVMH) with light luxury attributes, and Samsonite's historical average valuation (19x PE) in recent10years. Considering that the recovery of travel in China will further boost Samsonite's earnings growth, and the recent strong growth momentum of global travel recovery, we assign Samsonite16x2023E PE to derive a target price of HK$33and reiterate the "BUY" rating.