Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Guangdong Haid Group

Market Cap: CN¥88.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥224.7b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Centurion

Market Cap: S$1.3b

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

Horizon Construction Development

Market Cap: HK$3.2b

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

China Mengniu Dairy

Market Cap: HK$65.4b

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

China Tower

Market Cap: HK$192.5b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Ping An Bank

Market Cap: CN¥211.7b

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

Industrial Bank

Market Cap: CN¥391.3b

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

NCSOFT

Market Cap: ₩4.1t

Develops and publishes online games in Korea, Japan, Taiwan, the United States of America, Europe, and Canada.

Miura

Market Cap: JP¥355.6b

Produces and sells boilers in Japan and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.9b

Manufactures and sells power distribution in China and internationally.

Grand Pharmaceutical Group

Market Cap: HK$26.5b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

DUG Technology

Market Cap: AU$237.0m

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.

Sinoma International EngineeringLtd

Market Cap: CN¥27.8b

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

Huali Industrial Group

Market Cap: CN¥56.4b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

ARN Media

Market Cap: AU$109.6m

Operates as a media and entertainment company in Australia and Hong Kong.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

Bethel Automotive Safety Systems

Market Cap: CN¥31.2b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.4b

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

Sinoma International EngineeringLtd

Market Cap: CN¥27.8b

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

Tokai Carbon

Market Cap: JP¥218.5b

Manufactures and sells carbon-related products and services in Japan.

Trajan Group Holdings

Market Cap: AU$98.4m

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.

REC

Market Cap: ₹913.5b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.2b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱105.0b

Converge Information and Communications Technology Solutions, Inc.

Geely Automobile Holdings

Market Cap: CN¥183.6b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

China Resources Land

Market Cap: HK$220.8b

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

MCNEX

Market Cap: ₩474.4b

Manufactures and sells camera modules in South Korea and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

An investment holding company, provides tea drink products in the People’s Republic of China.

Future

Market Cap: JP¥155.2b

Provides IT consulting and services primarily in Japan.

Aurelia Metals

Market Cap: AU$507.8m

Engages in the exploration and production of mineral properties in Australia.

Inspur Digital Enterprise Technology

Market Cap: HK$4.9b

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.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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