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Samsonite shares set to fall 9 percent; rejects short-seller report

Samsonite shares set to fall 9 percent; rejects short-seller report
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HONGKONG (Reuters) – Shares of Samsonite International SA <1910.HK> 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)

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