Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Proya CosmeticsLtd

Market Cap: CN¥31.8b

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

Proya CosmeticsLtd

Market Cap: CN¥31.8b

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

Haidilao International Holding

Market Cap: HK$74.8b

An investment holding company, engages in the restaurant operation and delivery businesses.

China Mobile

Market Cap: HK$1.9t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Hu Lane Associate

Market Cap: NT$15.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

IPH

Market Cap: AU$933.5m

Provides intellectual property (IP) services and products.

C&D International Investment Group

Market Cap: HK$40.1b

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.

Horizon Construction Development

Market Cap: HK$4.0b

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

Beijing New Building Materials

Market Cap: CN¥40.2b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥420.1b

Provides banking services in the People’s Republic of China.

Sinopharm Group

Market Cap: HK$57.2b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Sinoma International EngineeringLtd

Market Cap: CN¥23.4b

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

Ping An Bank

Market Cap: CN¥220.1b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

China Mengniu Dairy

Market Cap: HK$58.5b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

LX Semicon

Market Cap: ₩886.4b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Chongqing Baiya Sanitary Products

Market Cap: CN¥11.3b

Chongqing Baiya Sanitary Products Co., Ltd.

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 Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥22.7b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Ganyuan Foods

Market Cap: CN¥5.0b

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

Bethel Automotive Safety Systems

Market Cap: CN¥32.6b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.6b

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.

Anhui Conch Cement

Market Cap: CN¥131.5b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.0b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.4b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.2b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Inspur Digital Enterprise Technology

Market Cap: HK$10.8b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Acrow

Market Cap: AU$334.2m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Jinzai Food GroupLtd

Market Cap: CN¥5.4b

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

Trajan Group Holdings

Market Cap: AU$120.5m

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥22.7b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.0b

Beijing Urban Construction Investment & Development Co., Ltd.