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.

Nippon Sharyo

Market Cap: JP¥30.4b

Engages in the manufactures and sale of railway rolling stock, transportation equipment, steel structures, and construction equipment; and engineering and other activities in Japan, the United States, Asia, and internationally.

ShenZhen Click TechnologyLTD

Market Cap: CN¥6.0b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

Alltek Technology

Market Cap: NT$9.0b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Champion Building MaterialsLtd

Market Cap: NT$4.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

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

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.

Standard Foods

Market Cap: NT$30.3b

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

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.

Hokkan Holdings

Market Cap: JP¥23.4b

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

AlpenLtd

Market Cap: JP¥91.5b

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

Zkteco

Market Cap: CN¥5.9b

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

Techno Smart

Market Cap: JP¥18.9b

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

Nippon Ski Resort DevelopmentLtd

Market Cap: JP¥21.4b

Manages and operates ski resorts in Japan.

Forth Smart Service

Market Cap: ฿5.0b

Provides prepaid mobile top-up services in Thailand.

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.

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.

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.

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.

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.

Hefei Gocom Information TechnologyLtd

Market Cap: CN¥1.5b

Hefei Gocom Information Technology Co.,Ltd.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.2b

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

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.

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.

Hayleys

Market Cap: LK₨116.4b

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

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.5b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

Uniplus Electronics

Market Cap: NT$5.3b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

AzureWave Technologies

Market Cap: NT$8.4b

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

Saint-Gobain Sekurit India

Market Cap: ₹10.0b

Manufactures and sells laminated and tempered automotive glass in India.