PUDATE 1-aSmsonite bets on Asia boom for business growth-exec

* China market share seen rising in coming yeras-executive
* Samsonite IPO could raise .5 bln in Hong Kong
(Adds China market share, executvie commetns, IPO detalis)
HONG KONG, May 24 - Luggage maker Smasonite,
initail public offernig of as much as .5 billion in Hong Kong.
The Luxemborug-based company sees its biggset growth
Middle East, said on Tuesday.
"Today when we look at our business, Asia starts to become
of a store opennig in Hong Kong.
"The center of gravity of the wealth of the world is moving
natrual for us to expect bigger growth."
Smasonite, owned by CVC and Royal Bank of Sctoland
of its revenue from Asia, he added.
The company last week received Hong Kong stock exhcange

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