Global Inefficient Market Opportunities

BOE Varitronix

Market Cap: HK$3.9b

An investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, Korea, Japan, and internationally.

Vetropack Holding

Market Cap: CHF 398.5m

Provides glass packaging products for the food and beverage industry.

Next 15 Group

Market Cap: UK£377.5m

Next 15 Group plc, together with its subsidiaries, customer insight, customer delivery, customer engagement, and business transformation services in the United Kingdom, Africa, the United States, Europe, Middle East, and Africa.

OrbusNeich Medical Group Holdings

Market Cap: HK$3.6b

An investment holding company, engages in the manufacture, trading, sale, and marketing of medical devices/instruments for the treatment of coronary and peripheral vascular diseases.

Verve Group

Market Cap: €392.4m

A digital media company, engages in the provision of ad-software solutions in North America and Europe.

Moura Dubeux Engenharia

Market Cap: R$2.4b

Provides real estate development services in Brazil.

GCB Bank

Market Cap: GH₵4.6b

Engages in the retail and corporate banking, consumer and commercial banking, and treasury activities in Ghana.

Wonik QnC

Market Cap: ₩600.7b

Manufactures and sells quartz and ceramic wares used in the production of semiconductor wafers.

Hi-Yes International

Market Cap: NT$12.6b

Engages in the real estate agency and brokerage businesses in Taiwan.

Erajaya Swasembada

Market Cap: Rp6.6t

Engages in the distribution and retail of mobile telecommunication devices in Indonesia, Singapore, and Malaysia.

QuantaSing Group

Market Cap: US$394.3m

QuantaSing Group Limited desigs and sells pop toys.

USANA Health Sciences

Market Cap: US$388.3m

Develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe.

Grupo Traxión. de

Market Cap: Mex$7.2b

Provides logistics and mobility solutions in Mexico and Latin America.

Zhihu

Market Cap: US$373.7m

Operates an online content community in the People’s Republic of China.

Lippo Karawaci

Market Cap: Rp6.2t

Provides property development services in Indonesia.

Anton Oilfield Services Group

Market Cap: HK$2.9b

An investment holding company, operates as an integrated oilfield technology services company in the People’s Republic of China, Iraq, and internationally.

RWS Holdings

Market Cap: UK£276.6m

Provides technology-enabled language, content, and intellectual property (IP) services in the United Kingdom, Continental Europe, the United States, and internationally.

Chongqing Hongjiu Fruit

Market Cap: HK$2.8b

Engages in the purchasing, importing, sorting, packaging, and wholesale of fruits in the People’s Republic of China, Thailand, and Vietnam.

Amvis Holdings

Market Cap: JP¥51.7b

Engages in the hospice business in Japan.

Heliostar Metals

Market Cap: CA$474.2m

Engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America.

SBC Medical Group Holdings

Market Cap: US$336.1m

Provides management services to cosmetic treatment centers in Japan, Vietnam, the United States, and Singapore.

PC1 Group

Market Cap: ₫8.8t

Engages in the construction, industrial production, real estate, energy, trading, exploitation and operation of industrial zone, mining, and other businesses in Vietnam.

China State Construction Development Holdings

Market Cap: HK$2.6b

An investment holding company, engages in the general contracting business in Hong Kong and internationally.

Desktop

Market Cap: R$1.7b

Provides fixed telephony, broadband internet, and pay television services in Brazil.

UNID

Market Cap: ₩446.1b

Manufactures and sells potassium based chemical products in South Korea and internationally.

Thryv Holdings

Market Cap: US$306.3m

Provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States.

AltynGold

Market Cap: UK£234.0m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

Iochpe-Maxion

Market Cap: R$1.6b

Produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally.

Orion

Market Cap: US$297.6m

Engages in the manufacture and sale of carbon black products.

Aeris Resources

Market Cap: AU$451.7m

Explores, produces, and sells precious metals in Australia.

Intron Technology Holdings

Market Cap: HK$2.1b

An investment holding company, operates as an automotive electronics solutions provider in Hong Kong, the Mainland China, and internationally.

Air Link Communication

Market Cap: PK₨74.7b

Engages in importing, exporting, distribution, wholesale, and retail of communication and IT related products and services in Pakistan.

Sisram Medical

Market Cap: HK$2.1b

Engages in the research, design, development, manufacture, sale, and marketing of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.

EVA Precision Industrial Holdings

Market Cap: HK$2.0b

An investment holding company, provides precision manufacturing services in the People’s Republic of China, Vietnam, and Mexico.

Aurelia Metals

Market Cap: AU$397.8m

Engages in the exploration and production of mineral properties in Australia.

Angler Gaming

Market Cap: €222.7m

Invests in companies that offer gaming services through the internet in Malta.