Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Proya CosmeticsLtd

Market Cap: CN¥35.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Gansu Shangfeng CementLtd

Market Cap: CN¥7.6b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

Ever Sunshine Services Group

Market Cap: HK$3.3b

An investment holding company, provides property management services in the People's Republic of China.

MCNEX

Market Cap: ₩446.4b

Manufactures and sells camera modules in South Korea and internationally.

Nissui

Market Cap: JP¥263.2b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.5b

Operates a chain of convenience supermarkets in China.

China Resources Land

Market Cap: HK$182.6b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥48.4b

Manufactures and sells building materials in China and internationally.

Luxi Chemical Group

Market Cap: CN¥20.0b

Manufactures and sells chemical and fertilizer products.

Ganyuan Foods

Market Cap: CN¥5.9b

Engages in the research and development, production, and sale of snack foods in China.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.1b

Beijing Urban Construction Investment & Development Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.0b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.8b

ShenZhen YUTO Packaging Technology Co., Ltd.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥11.8b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Trajan Group Holdings

Market Cap: AU$120.4m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Otsuka Holdings

Market Cap: JP¥3.9t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

Far East Horizon

Market Cap: HK$26.2b

Provides various financial services in Mainland China, Hong Kong, and internationally.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

Sao Ta Foods

Market Cap: ₫2.5t

Engages in farming, processing, and preserving aquatic products.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.0b

Manufactures and sells power distribution and utilization systems in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.0b

Provides chemical supply chain solutions in China and internationally.

REC

Market Cap: ₹1.1t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

WemadeLtd

Market Cap: ₩880.3b

Develops and publishes games in South Korea and internationally.

Sunshine Insurance Group

Market Cap: HK$37.8b

Provides various insurance products and related services in the People’s Republic of China.

ENEOS Holdings

Market Cap: JP¥1.8t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

Tsingtao Brewery

Market Cap: HK$93.0b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Nido Education

Market Cap: AU$172.1m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Ningbo Deye Technology Group

Market Cap: CN¥53.2b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

China Overseas Property Holdings

Market Cap: HK$17.2b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Sinoma International EngineeringLtd

Market Cap: CN¥23.8b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Vieworks

Market Cap: ₩203.8b

Develops, manufactures, and sells imaging systems and solutions.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.