Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Natural Food International Holding

Market Cap: HK$1.5b

An investment holding company, engages in the manufacture and sale of natural health food products in China.

Waja

Market Cap: ر.س513.8m

Engages in the construction, media and communication, and information technology businesses.

Linde Bangladesh

Market Cap: ৳13.4b

Manufactures and supplies industrial and medical gases, welding products and equipment, and ancillary equipment in Bangladesh.

Bengal & Assam

Market Cap: ₹82.6b

Operates as an investment company in India and internationally.

KP Green Engineering

Market Cap: ₹24.1b

Engages in engineering and manufacture of steel structure in India.

Vinacomin - Power Holding

Market Cap: ₫8.9t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

DAM Capital Advisors

Market Cap: ₹15.6b

Provides investment banking services.

Hoang Huy Investment Financial Services

Market Cap: ₫12.1t

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

Changsha Tongcheng HoldingsLtd

Market Cap: CN¥3.0b

Engages in commercial retail, comprehensive investment, and tourism hotels businesses in China.

Fengyinhe Holdings

Market Cap: HK$1.2b

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

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

AuMas Resources Berhad

Market Cap: RM 1.3b

An investment holding company, engages in gold mining business in Malaysia.

Raymond

Market Cap: ₹36.7b

Engages in the real estate and engineering businesses in India.

Creative & Innovative System

Market Cap: ₩564.0b

Manufactures and sells equipment for lithium-ion batteries powering IT instruments, EV lithium-ion batteries, fuel cells, solar cells, displays, etc.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥6.0b

Manufactures and sells cleaning products in China.

Tibet TourismLtd

Market Cap: CN¥2.5b

Engages in the tourism, attractions, services, and commerce business in China.

CTCI Advanced Systems

Market Cap: NT$3.7b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Jiin Ming Industry

Market Cap: NT$3.4b

Provides design manufacturing services in Taiwan.

Savior Lifetec

Market Cap: NT$6.6b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Philippine Savings Bank

Market Cap: ₱25.2b

Primarily engages in savings and mortgage banking activities in the Philippines.

Hind Rectifiers

Market Cap: ₹17.2b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Rrp Semiconductor

Market Cap: ₹14.9b

Trades in electronic parts in India.

Sinopower Semiconductor

Market Cap: NT$3.8b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

China Electric Mfg

Market Cap: NT$4.5b

Manufactures and sells electrical appliances, lighting products, and related accessories in Taiwan.

Showbox

Market Cap: ₩205.4b

Engages in the investment, production, and distribution of films in South Korea, North America, Asia, Europe, and internationally.

MMTC

Market Cap: ₹89.1b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Standard Chartered Bank Kenya

Market Cap: KSh99.8b

Provides various banking products and services for individuals and businesses.

Anji Foodstuff

Market Cap: CN¥3.0b

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

SALUS Ljubljana d. d

Market Cap: €252.9m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

First IC

Market Cap: US$172.7m

Operates as the bank holding company for First IC Bank that provides retail and commercial banking products and services in the United States.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial services company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

COSCO SHIPPING International (Hong Kong)

Market Cap: HK$7.2b

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

Hayleys

Market Cap: LK₨104.3b

Operates in the manufacturing, agriculture, and services sectors worldwide.

ManpowerGroup Greater China

Market Cap: HK$886.0m

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