Global Too Big To Fail

Woori Financial Group

Market Cap: ₩19.6t

Operates as a commercial bank which provides various financial services to individual, business, and institutional customers in Korea.

Singapore Exchange

Market Cap: S$18.1b

An investment holding, engages in the operation of integrated securities and derivatives exchange, related clearing houses, and an electricity market in Singapore.

Astra International

Market Cap: Rp228.7t

Operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally.

Mapfre

Market Cap: €11.7b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

CF Industries Holdings

Market Cap: US$13.8b

Engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally.

BDO Unibank

Market Cap: ₱756.2b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Magna International

Market Cap: CA$18.2b

Manufactures and supplies vehicle engineering, contract, and automotive space.

Zhongjin GoldLtd

Market Cap: CN¥93.3b

Engages in the mining, smelting, and sale of non-ferrous metals in China.

Brown-Forman

Market Cap: US$13.0b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Unum Group

Market Cap: US$12.8b

Provides financial protection benefit solutions in the United States, the United Kingdom, and Poland.

Franklin Resources

Market Cap: US$12.6b

A publicly owned asset management holding company.

Arab National Bank

Market Cap: ر.س43.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

First Horizon

Market Cap: US$11.3b

Operates as the bank holding company for First Horizon Bank that provides various financial services.

BKW

Market Cap: CHF 8.7b

An international energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Banque Saudi Fransi

Market Cap: ر.س40.0b

Provides banking and financial services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

SITC International Holdings

Market Cap: HK$82.7b

A shipping logistics company, engages in the provision of integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally.

KT&G

Market Cap: ₩14.6t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

iA Financial

Market Cap: CA$14.4b

Provides insurance and wealth management services for individual and group basis in Canada and the United States.

Zhejiang NHU

Market Cap: CN¥74.4b

Engages in the production and sale of nutrition, flavor and fragrance, and new polymer materials in the People’s Republic of China.

Huadong Medicine

Market Cap: CN¥73.4b

Engages in the wholesale and retail of pharmaceutical products in China and internationally.

SouthState Bank

Market Cap: US$10.2b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.

Bank of the Philippine Islands

Market Cap: ₱579.6b

Provides various financial products and services to retail and corporate clients in the Philippines.

Webster Financial

Market Cap: US$10.1b

Operates as the bank holding company for Webster Bank, National Association that provides various financial products and services to businesses, individuals, and families in the United States.

Kawasaki Kisen Kaisha

Market Cap: JP¥1.5t

Engages in the provision of marine, land, and air transportation services in Japan, the United States, Europe, Asia, and internationally.

Suntory Beverage & Food

Market Cap: JP¥1.4t

Engages in manufacture and sale of alcoholic and non-alcoholic beverages, and foods in Japan, Asia-Pacific, Europe, and the Americas.

Yangzijiang Shipbuilding (Holdings)

Market Cap: S$12.5b

An investment holding company, engages in the shipbuilding activities in the Greater China, Canada, Japan, Italy, Greece, Germany, Bulgaria, United Kingdom, Singapore, and internationally.

Interpublic Group of Companies

Market Cap: US$9.6b

Provides advertising and marketing services worldwide.

Advantech

Market Cap: NT$289.6b

Engages in the research and development, design, manufacturing, and marketing of embedded computing boards, industrial automation products, and applied and industrial computers.

Isuzu Motors

Market Cap: JP¥1.4t

Manufactures and sells commercial vehicles, light commercial vehicles, and diesel engines and components worldwide.

ENN Energy Holdings

Market Cap: HK$72.9b

An investment holding company, engages in the investment, construction, operation, and management of gas pipeline infrastructure in the People’s Republic of China.

Amdocs

Market Cap: US$9.3b

Through its subsidiaries, provides software and services to communications, entertainment, and media service providers worldwide.

KT

Market Cap: ₩12.4t

Provides integrated telecommunications and platform services in South Korea, rest of Asia, and internationally.

HUAYU Automotive Systems

Market Cap: CN¥62.9b

Researches and develops, manufactures, and sells automotive parts worldwide.

Comerica

Market Cap: US$8.8b

Provides financial services in the United States, Canada, and Mexico.

Old National Bancorp

Market Cap: US$8.6b

Operates as the bank holding company for Old National Bank that provides consumer and commercial banking services in the United States.

China Jushi

Market Cap: CN¥60.8b

Engages in the manufacture and sale of fiberglass in China and internationally.