Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Zkteco

Market Cap: CN¥5.9b

ZKTeco Co., Ltd. provides biometric verification algorithm techniques, sensors, and software platform worldwide.

FALCO HOLDINGS

Market Cap: JP¥23.8b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.4b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Credo Brands Marketing

Market Cap: ₹11.7b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.

Force Motors

Market Cap: ₹164.7b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of reflective materials and products worldwide.

Lee's Pharmaceutical Holdings

Market Cap: HK$842.0m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products primarily in the People's Republic of China.

Cigniti Technologies

Market Cap: ₹44.6b

Provides software testing services worldwide.

Shenzhen Coship Electronics

Market Cap: CN¥7.8b

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

Standard Foods

Market Cap: NT$30.3b

Manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally.

Chongqing Machinery & Electric

Market Cap: HK$4.1b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

YoungQin International

Market Cap: NT$4.1b

Engages in the restaurant and bakery business in Taiwan and internationally.

Guangdong Sanhe Pile

Market Cap: CN¥4.2b

Engages in the research and development, production, and sale of prestressed concrete pipe pile products in China.

AIC

Market Cap: NT$13.6b

Provides OEM/ODM, commercial off-the-shelf, and server and storage solutions in the United States, Asia, and Europe.

Techno Smart

Market Cap: JP¥18.9b

Provides liquid crystal-related film and cast film manufacturing devices.

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Hokkan Holdings

Market Cap: JP¥23.4b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Hefei Gocom Information TechnologyLtd

Market Cap: CN¥1.5b

Hefei Gocom Information Technology Co.,Ltd.

ManpowerGroup Greater China

Market Cap: HK$888.1m

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

Sing Investments & Finance

Market Cap: S$267.2m

Provides f financial products and services to individuals and corporations in Singapore.

COSCO SHIPPING International (Hong Kong)

Market Cap: HK$7.1b

An investment holding company, provides shipping services in the People’s Republic of China and internationally.

Kanro

Market Cap: JP¥60.1b

Manufactures and sells confectionery and food products in Japan.

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥21.4b

Manages and operates ski resorts in Japan.

AlpenLtd

Market Cap: JP¥91.5b

Engages in the development and sale of sporting products in Japan.

Forth Smart Service

Market Cap: ฿5.0b

Provides prepaid mobile top-up services in Thailand.

PC Jeweller

Market Cap: ₹77.9b

Manufactures, sells, and trades in gold, diamond, silver, precious stone, and gold and diamond studded jewelry in India.

AzureWave Technologies

Market Cap: NT$8.4b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Te Chang Construction

Market Cap: NT$6.7b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Konishi

Market Cap: JP¥73.4b

Manufactures and sells synthetic adhesives in Japan.

Answer Technology

Market Cap: NT$5.5b

Engages in the import, export, and trading of electronic parts in Taiwan, Asia, Europe, and internationally.

Mitake Information

Market Cap: NT$3.2b

Provides mobile financial information trading platform in Taiwan.

Vasa Denticity

Market Cap: ₹10.0b

Trades in dental products in India.

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.1b

Hangzhou Xili Intelligent Technology Co.,Ltd.

ASRock Rack Incorporation

Market Cap: NT$21.8b

Develops and sells server motherboards and systems in Taiwan and internationally.