Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Billion Industrial Holdings

Market Cap: HK$9.4b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.2b

Marmaris Altinyunus Turistik Tesisler A.S.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Hospital Corporation of China

Market Cap: HK$937.7m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.1b

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

Natural Food International Holding

Market Cap: HK$2.6b

An investment holding company, manufactures and sells natural health food products in China.

YuanShengTai Dairy Farm

Market Cap: HK$1.2b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Fengyinhe Holdings

Market Cap: HK$4.2b

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

Uju Holding

Market Cap: HK$2.9b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

Pizu Group Holdings

Market Cap: HK$3.4b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Q P Group Holdings

Market Cap: HK$909.7m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.

Mackolik Internet Hizmetleri Ticaret

Market Cap: ₺4.4b

Mackolik Internet Hizmetleri Ticaret A.S.

Lion Rock Group

Market Cap: HK$1.0b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Wison Engineering Services

Market Cap: HK$1.5b

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

YH Entertainment Group

Market Cap: HK$2.0b

An investment holding company, operates as an artist management company in Mainland China and Korea.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺34.0b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret

Market Cap: ₺7.9b

Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret A.S.

MIA Teknoloji Anonim Sirketi

Market Cap: ₺18.1b

Provides software development services to public and private organizations in Turkey.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.4b

Operates as an asset management company.

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Daphne International Holdings

Market Cap: HK$850.8m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

TI Cloud

Market Cap: HK$1.1b

Provides cloud-native customer contact solutions that enables enterprises to engage in multi-channel customer interactions in the People's Republic of China and Hong Kong.

Bulbuloglu Vinc Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺4.9b

Manufactures and sells heavy machinery and equipment.

Ibrahim Fibres

Market Cap: PK₨89.9b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Changjiu Holdings

Market Cap: HK$1.2b

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

Itafos

Market Cap: CA$635.7m

Operates as a phosphate and specialty fertilizer company.

SALUS Ljubljana d. d

Market Cap: €401.1m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

First Northern Community Bancorp

Market Cap: US$204.4m

Operates as the bank holding company for First Northern Bank of Dixon that provides commercial banking products and services to individuals, and small and medium sized businesses.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م17.9b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Export Development Bank of Egypt (S.A.E.)

Market Cap: ج.م20.7b

Provides various banking products and services in Egypt.

Affinity Bancshares

Market Cap: US$116.3m

Operates as the holding company for Affinity Bank that provides various banking products and services in Georgia.

Procimmo Group

Market Cap: CHF 369.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Alantra Partners

Market Cap: €326.5m

Engages in the investment banking and asset management services in Spain and internationally.

Valhi

Market Cap: US$413.8m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.