Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Grade Upon Technology

Market Cap: NT$19.7b

Provides customized integrated solutions, IoT sensors, AI-powered machine vision, machine hearing, and machine olfaction to enable equipment networking, data acquisition, and AI-based anomaly detection systems.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Industrias del Cobre Sociedad Anónima

Market Cap: S/833.7m

Engages in the manufacture and sale of wires, and electrical and telecommunication cables and conductors in Peru and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$442.5b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Cairo Amman Bank

Market Cap: د.أ276.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Fengyinhe Holdings

Market Cap: HK$2.3b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Tianjin Lisheng PharmaceuticalLtd

Market Cap: CN¥5.7b

Engages in the research and development, production, and sale of pharmaceutical products in China and internationally.

Li Ming Development Construction

Market Cap: NT$3.7b

Li Ming Development Construction Co., Ltd.

ITCENGLOBAL

Market Cap: ₩1.1t

Engages in the provision of consulting, ICT, and outsourcing services and solutions in South Korea.

Maezawa Kasei Industries

Market Cap: JP¥34.7b

Produces and sells water and sewerage related products, and environmental equipment.

PBA Holdings Bhd

Market Cap: RM 652.1m

An investment holding company, operates as a water supplier in Malaysia.

M & A Equity Holdings Berhad

Market Cap: RM 430.1m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.

Banyan Tree Holdings

Market Cap: S$585.2m

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.

Dwi Guna Laksana

Market Cap: Rp2.2t

Engages in the coal mining and trading activities in Indonesia.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك40.2m

Engages in managing real estate projects in Kuwait.

Praise Victor Industrial

Market Cap: NT$20.8b

Designs, produces, and trades in polyurethanes (PU) materials.

Wholetech System Hitech

Market Cap: NT$9.1b

Provides system integration services in Taiwan, China, Japan, and Singapore.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Jiangsu Longda Superalloy

Market Cap: CN¥7.3b

Engages in research, development, production, and sale of alloy and superalloy materials in China and internationally.

Viet Nam Power Development

Market Cap: ₫2.7t

Engages in the operation and management of hydropower plants.

Huasi Holding

Market Cap: CN¥2.2b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, Hong Kong, and internationally.

Cigniti Technologies

Market Cap: ₹42.0b

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

National Investments Company K.S.C.P

Market Cap: د.ك227.0m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Xinjiang Torch Gas

Market Cap: CN¥3.4b

Operates as a gas service company in China.

Bank Danamon Indonesia

Market Cap: Rp25.4t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Southeast Asia Commercial Bank

Market Cap: ₫47.7t

Provides retail and corporate banking products and services in Vietnam.

Etihad GO Telecom

Market Cap: ر.س3.2b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Indo Tech Transformers

Market Cap: ₹15.1b

Manufactures and sells transformers in India and internationally.

Citra Tubindo

Market Cap: Rp4.7t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Toho Bank

Market Cap: JP¥175.4b

Provides various banking products and services in Japan.

AJIS

Market Cap: JP¥24.9b

Provides retail support services in Japan and internationally.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س742.0m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥4.5b

Develops, manufactures, and sells laser holographic molded products.

Anfu CE LINK

Market Cap: CN¥4.1b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.