Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Anker Innovations

Market Cap: CN¥57.7b

Develops and sells mobile charging products.

Adairs

Market Cap: AU$331.6m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Huaqin Technology

Market Cap: CN¥89.7b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

China Resources Land

Market Cap: HK$217.5b

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

Innocean Worldwide

Market Cap: ₩720.4b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

NetEase Cloud Music

Market Cap: HK$44.3b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

DUG Technology

Market Cap: AU$274.2m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Tenaga Nasional Berhad

Market Cap: RM 78.2b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

GWA Group

Market Cap: AU$624.5m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Robert Walters

Market Cap: UK£89.8m

Provides professional recruitment consultancy services worldwide.

q.beyond

Market Cap: €91.2m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

ICG

Market Cap: UK£5.5b

A private equity firm specializing in direct and fund of fund investments.

Cadeler

Market Cap: NOK 16.2b

Engages in offshore wind farm installation, operations, and maintenance services in Denmark.

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.1b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.8b

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

Beijing New Building Materials

Market Cap: CN¥41.9b

Manufactures and sells building materials in China and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.7b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Binggrae

Market Cap: ₩665.8b

Engages in production and sale of dairy products in South Korea and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.5b

Provides chemical supply chain solutions worldwide.

China Conch Venture Holdings

Market Cap: HK$19.0b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Security Bank

Market Cap: ₱49.8b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

MCNEX

Market Cap: ₩426.2b

Manufactures and sells camera modules in South Korea and internationally.

China Overseas Property Holdings

Market Cap: HK$16.6b

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

China South Publishing & Media Group

Market Cap: CN¥21.8b

Engages in publishing, printing, distribution, media, and financing businesses in China.

C&D International Investment Group

Market Cap: HK$37.3b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Guangdong Haid Group

Market Cap: CN¥97.3b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

IPH

Market Cap: AU$941.3m

Provides intellectual property (IP) services and products.

Chambal Fertilisers and Chemicals

Market Cap: ₹185.7b

Produces and sells fertilizers primarily in India.

Indorama Ventures

Market Cap: ฿94.3b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$853.8m

Invests in a portfolio of real estate and related assets.

China Railway Group

Market Cap: CN¥131.8b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Horizon Construction Development

Market Cap: HK$3.7b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

REC

Market Cap: ₹942.8b

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