Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Chinyang Holdings

Market Cap: ₩194.6b

Through its subsidiaries, engages in the manufacture and sale of synthetic resin, and automotive part products.

Suzhou Fushilai Pharmaceutical

Market Cap: CN¥2.9b

Engages in the research, development, production, and sale of pharmaceutical intermediates, active pharmaceutical ingredients (APIs), and health care raw materials in China and internationally.

Sichuan Fulin Transportation Group

Market Cap: CN¥3.6b

Sichuan Fulin Transportation Group Co., Ltd.

Upbest Group

Market Cap: HK$1.8b

An investment holding company, provides financial services in Hong Kong, Macau, and the People’s Republic of China.

Cyber Security Cloud

Market Cap: JP¥16.8b

Provides web application security services in Japan.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

Innotech

Market Cap: JP¥31.6b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

SML Mahindra

Market Cap: ₹60.1b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Soft-World International

Market Cap: NT$14.9b

Develops, operates, and distributes games in Taiwan and China.

Changjiu Holdings

Market Cap: HK$847.3m

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Kung Sing Engineering

Market Cap: NT$6.1b

Engages in the construction business in Taiwan.

Daewon Cable

Market Cap: ₩439.0b

Manufactures and sells cables and wires in South Korea and internationally.

Yashima Denki

Market Cap: JP¥66.9b

Engages in the plant, public/facilities, and transportation businesses in Japan and internationally.

Suheung

Market Cap: ₩198.9b

Engages in produces and sells hard and soft capsules.

Techno Ryowa

Market Cap: JP¥146.8b

Engages in the design, construction, and maintenance of environmental control systems primarily in Japan.

Wuxi Xinan Technology

Market Cap: CN¥2.9b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars in China.

Walton Advanced Engineering

Market Cap: NT$25.3b

Provides semiconductor packaging and testing services in Taiwan and China.

Shenzhen Coship Electronics

Market Cap: CN¥8.0b

Engages in the manufacture and sale of smart home products and services worldwide.

Deep Source Holdings

Market Cap: HK$13.0b

An investment holding company, engages in the processing, distribution, and trading of bulk commodities and related products in the People’s Republic of China, Hong Kong, and Singapore.

Oshidori International Holdings

Market Cap: HK$12.9b

An investment holding company, provides financial services in Hong Kong.

Fukuta Electric & Machinery

Market Cap: NT$3.8b

Focuses on the research, design, development, manufacture, and sale of various electric motors, and power systems in Taiwan and internationally.

Monarch Networth Capital

Market Cap: ₹23.5b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

OpenWork

Market Cap: JP¥19.9b

Develops and manages a job and recruitment information platform in Japan.

ManpowerGroup Greater China

Market Cap: HK$1.1b

An investment holding company, provides workforce solutions and services in the People’s Republic of China, Hong Kong, Macau, and Taiwan.

Shanghai Gench Education Group

Market Cap: HK$848.2m

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

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.2b

Operates in the tourism sector.

ISE Chemicals

Market Cap: JP¥257.3b

Engages in the iodine and natural gas, and metallic compound businesses in Japan.

PAN Group

Market Cap: ₫6.7t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

S.A.S. Dragon Holdings

Market Cap: HK$3.1b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Cigniti Technologies

Market Cap: ₹33.3b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Sing Investments & Finance

Market Cap: S$371.2m

Provides financing and related nominee services to individuals and corporations in Singapore.

Xi'an High Voltage Apparatus Research Institute

Market Cap: CN¥6.8b

Provides electrical inspection and testing services in China, Hong Kong, Macao, Taiwan, and internationally.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥3.9b

Researches, develops, produces, and sells black sesame health products in China.

Banyan Tree Holdings

Market Cap: S$524.9m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.