Hong Kong Undervalued Small Caps

Inspur Digital Enterprise Technology

Market Cap: HK$8.9b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Bairong

Market Cap: HK$4.0b

An investment holding company, operates as an artificial intelligence (AI) technology services company in China.

Carote

Market Cap: HK$2.9b

An investment holding company, engages in the manufacture and sale of kitchenware products in Mainland China, the United States, Western Europe, Japan, Southeast Asia, and internationally.

Precision Tsugami (China)

Market Cap: HK$7.7b

An investment holding company, manufactures and sells computer numerical control machine tools primarily in Mainland China and internationally.

Consun Pharmaceutical Group

Market Cap: HK$9.2b

Researches and develops, manufactures, and sells Chinese medicines and medical contrast medium products in the People’s Republic of China.

Crystal International Group

Market Cap: HK$14.0b

An investment holding company, engages in the manufacture and trading of garments in the Asia Pacific, North America, Europe, and internationally.

Lever Style

Market Cap: HK$813.9m

An investment holding company, engages in the design, production, and trade of garments in the United States, Europe, Oceania, Greater China, and internationally.

Morimatsu International Holdings

Market Cap: HK$7.7b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization in Mainland China, North America, rest of Asia, Europe, Africa, and internationally.

361 Degrees International

Market Cap: HK$10.7b

An investment holding company, manufactures and trades in sporting goods in the People’s Republic of China.

Luk Fook Holdings (International)

Market Cap: HK$12.4b

An investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products.

China State Construction Development Holdings

Market Cap: HK$3.3b

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

BOE Varitronix

Market Cap: HK$4.9b

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.

Chaoju Eye Care Holdings

Market Cap: HK$2.1b

Owns and operates a network of ophthalmic hospitals and optical centers in China.

ANE (Cayman)

Market Cap: HK$9.6b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Shanghai Haohai Biological Technology

Market Cap: HK$11.5b

Shanghai Haohai Biological Technology Co., Ltd.

TK Group (Holdings)

Market Cap: HK$1.9b

An investment holding company, engages in the manufacture, sale, subcontracting, fabrication, and modification of molds and plastic components.

YSB

Market Cap: HK$6.2b

Develops digital pharmaceutical platform for pharmaceutical companies, distributors, vendors, pharmacies, and primary healthcare institutions in China.

Cheerwin Group

Market Cap: HK$3.6b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

FSE Lifestyle Services

Market Cap: HK$2.6b

An investment holding company, provides city essential services in Hong Kong, Mainland China, and Macau.

Wasion Holdings

Market Cap: HK$8.7b

An investment holding company, engages in the research and development, production, and sale of energy metering and energy efficiency management solutions for energy supply industries in the People’s Republic of China, Africa, the United States, Europe, and rest of Asia.

Cirrus Aircraft

Market Cap: HK$15.4b

Manufactures and sells piston aircraft and single-engine turbine jets worldwide.

Tongdao Liepin Group

Market Cap: HK$1.8b

An investment holding company, provides talent acquisition services in the People’s Republic of China.

APT Electronics

Market Cap: HK$1.7b

Manufactures and sells intelligent vision products and system solutions in Mainland China and internationally.

Essex Bio-Technology

Market Cap: HK$2.6b

An investment holding company, develops, manufactures, and sells biologic drugs in China, Hong Kong, and internationally.

Kangji Medical Holdings

Market Cap: HK$10.5b

An investment holding company, designs, develops, manufactures, and sells minimally invasive surgical instruments and accessories in Mainland China and internationally.

Hygeia Healthcare Holdings

Market Cap: HK$9.5b

Offers oncology healthcare services in the People's Republic of China.

Zibuyu Group

Market Cap: HK$1.6b

An investment holding company, operates as a cross-border e-commerce company in China.

Green Tea Group

Market Cap: HK$5.5b

Operates casual Chinese restaurants in Mainland China.

New Hope Service Holdings

Market Cap: HK$1.6b

Provides property management, value-added, commercial operational, and lifestyle services.

Alphamab Oncology

Market Cap: HK$6.2b

A clinical stage biopharmaceutical company, engages in the research, development, manufacture, and commercialization of oncology biologics.

Viva Biotech Holdings

Market Cap: HK$3.0b

An investment holding company, engages in the provision of structure-based drug discovery services to biotechnology and pharmaceutical customers worldwide.

Lonking Holdings

Market Cap: HK$9.8b

An investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally.