Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Sichuan Fulin Transportation Group

Market Cap: CN¥4.5b

Sichuan Fulin Transportation Group Co., Ltd.

Bahrain National Holding Company B.S.C

Market Cap: ب.د60.1m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Nexa Resources AtacochaA

Market Cap: S/1.3b

Operates as a mining company worldwide.

Inversiones Siemel

Market Cap: CL$108.8b

An investment holding company, operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Industrias del Cobre Sociedad Anónima

Market Cap: S/952.8m

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

MAPFRE Middlesea

Market Cap: €142.6m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

An Phat Bioplastics

Market Cap: ₫2.8t

Produces and trades in plastic products in Vietnam, Singapore, the United States, Korea, and internationally.

Fengyinhe Holdings

Market Cap: HK$2.4b

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

Central Forest Group

Market Cap: JP¥22.5b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Daoming Optics&ChemicalLtd

Market Cap: CN¥7.6b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Anpec Electronics

Market Cap: NT$15.8b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Santa Phoenix Technology

Market Cap: NT$5.1b

Designs and manufactures semiconductors in Taiwan.

Cigniti Technologies

Market Cap: ₹31.3b

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

Wuxi Double Elephant Micro Fibre MaterialLtd

Market Cap: CN¥4.8b

Manufactures and sells artificial and synthetic leather products in the People’s Republic of China and internationally.

Zhejiang Risun Intelligent TechnologyLtd

Market Cap: CN¥4.4b

Engages in the material transmission, warehousing, logistics, and sorting systems in industrial production in China.

M & A Equity Holdings Berhad

Market Cap: RM 440.1m

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

Etihad GO Telecom

Market Cap: ر.س3.0b

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

Zhejiang Wanfeng ChemicalLtd

Market Cap: CN¥2.9b

Engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally.

Codes Combine

Market Cap: ₩171.9b

Engages in the manufacture and sale of sewn garments in South Korea.

Hoang Huy Investment Financial Services

Market Cap: ₫16.0t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Fauji Foods

Market Cap: PK₨38.4b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.7b

Tibet Rhodiola Pharmaceutical Holding Co.

Shenzhen Bromake New Material

Market Cap: CN¥5.5b

Engages in the research, development, production, and sale of consumer electronics protective and functional products.

Hoshi Iryo-Sanki

Market Cap: JP¥17.2b

Manufactures and sells pharmaceutical medical oxygen and nitrous oxides in Japan.

Spectrum Electrics

Market Cap: NT$5.5b

Engages in the research, design, development, manufacture, lamination, processing, sale, and trading of multilayer laminated substrates and various electronic components in Taiwan, rest of Asia, and Europe.

Nestlé Pakistan

Market Cap: PK₨349.1b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

FnGuide

Market Cap: ₩232.8b

Engages in development and provision of programs related to securities investment information and financial information.

ILSEUNG

Market Cap: ₩166.6b

Produces and sells marine equipment in South Korea and internationally.

Sichuan Haite High-techLtd

Market Cap: CN¥7.7b

Provides aircraft airborne equipment maintenance services in China.

PharmaResources (Shanghai)

Market Cap: CN¥6.0b

Engages in new drug research, development, and commercial production in China.