Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

ManpowerGroup Greater China

Market Cap: HK$1.1b

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

Changjiu Holdings

Market Cap: HK$1.5b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Pakistan National Shipping

Market Cap: PK₨84.8b

Engages in the shipping business worldwide.

Wison Engineering Services

Market Cap: HK$1.6b

An investment holding company, provides chemical engineering, procurement, and construction management services in Mainland China, the United States, the Middle East, Europe, and internationally.

Korea Ratings

Market Cap: ₩446.1b

Provides credit rating and business valuation services in South Korea.

Danang Port

Market Cap: ₫3.3t

Offers port services in Vietnam.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.5b

Provides smart wearables and mobile medical care products in China and internationally.

Shantou Institute of Ultrasonic Instrument

Market Cap: CN¥11.6b

Shantou Institute of Ultrasonic Instrument Co., Ltd.

Center International GroupLtd

Market Cap: CN¥5.7b

Provides building metal enclosure systems solutions in China.

Techshine ElectronicsLtd

Market Cap: CN¥4.9b

Engages in the research and development, design, production, and sale of LCD liquid crystal displays, LCM black and white modules, and TFT color screen modules in China.

Togami Electric Mfg

Market Cap: JP¥17.7b

Engages in manufacturing and sale of power distribution and control equipment in Japan.

Shenzhen Coship Electronics

Market Cap: CN¥8.6b

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

Qingmu Tec

Market Cap: CN¥4.9b

Provides brand retail solutions.

Mitake Information

Market Cap: NT$3.2b

Provides mobile financial information trading platform in Taiwan.

Hunan Investment GroupLtd

Market Cap: CN¥2.8b

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

Vasa Denticity

Market Cap: ₹9.8b

Trades in dental products in India.

Showbox

Market Cap: ₩173.0b

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

Sun

Market Cap: MU₨6.8b

Operates in the tourism sector.

Xinjiang Torch Gas

Market Cap: CN¥2.6b

Operates as a gas service company in China.

FALCO HOLDINGS

Market Cap: JP¥23.6b

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

Araya Industrial

Market Cap: JP¥23.8b

Manufactures and sells steel products in Japan and internationally.

Timex Group India

Market Cap: ₹21.4b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Shanghai Material Trading

Market Cap: CN¥5.3b

Engages in the wholesale and retail of production materials for automobile and chemicals in China and internationally.

Suzhou Sepax Technologies

Market Cap: CN¥7.9b

Researches, develops, produces, and sells liquid chromatography materials for the separation and purification of biomacromolecules and other drugs worldwide.

S.A.S. Dragon Holdings

Market Cap: HK$3.0b

An investment holding company, provides electronic supply chain services in Hong Kong, Mainland China, Taiwan, the United States, Vietnam, Singapore, Macao, and internationally.

Hua Na Hydropower

Market Cap: ₫5.7t

Engages in the electricity generation activities.

Balaji Telefilms

Market Cap: ₹11.2b

Engages in the entertainment business in India and internationally.

NARUMIYA INTERNATIONAL

Market Cap: JP¥14.9b

Manufactures, processes, and sells clothing and related products.

Donpon Precision

Market Cap: NT$3.7b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.

Bonny Worldwide

Market Cap: NT$7.6b

Engages in the manufacture and sale of OEM and ODM carbon fiber rackets and related sporting goods.

Imuraya Group

Market Cap: JP¥31.3b

Manufactures and sells various food products in Japan and internationally.

Saison Technology

Market Cap: JP¥31.2b

Engages in the system development and operation, and software package businesses in Japan.

Standard Chartered Bank Kenya

Market Cap: KSh116.8b

Provides various banking products and services for individuals and businesses.

Ha Giang Mineral Mechanics

Market Cap: ₫4.2t

Explores, extracts, and process mineral ores in Vietnam and internationally.