Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Mengniu Dairy

Market Cap: HK$57.5b

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

DUG Technology

Market Cap: AU$295.2m

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.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

Shenzhen Transsion Holdings

Market Cap: CN¥77.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

SK

Market Cap: ₩13.8t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Guangdong Haid Group

Market Cap: CN¥91.1b

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

Innocean Worldwide

Market Cap: ₩732.4b

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

MCNEX

Market Cap: ₩456.7b

Manufactures and sells camera modules in South Korea and internationally.

Nido Education

Market Cap: AU$132.2m

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥22.7b

Engages in the production and sales of coal in China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.0b

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

NetEase Cloud Music

Market Cap: HK$39.7b

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.

China Overseas Property Holdings

Market Cap: HK$15.1b

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

Lucky Harvest

Market Cap: CN¥10.8b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

C&D International Investment Group

Market Cap: HK$34.6b

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.

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱110.9b

Converge Information and Communications Technology Solutions, Inc.

Future

Market Cap: JP¥176.5b

Provides IT consulting and services primarily in Japan.

Grand Pharmaceutical Group

Market Cap: HK$27.6b

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.

Indofood Sukses Makmur

Market Cap: Rp59.5t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

LX Semicon

Market Cap: ₩805.9b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.8b

Provides chemical supply chain solutions worldwide.

Fosun International

Market Cap: HK$36.4b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Sanwa Holdings

Market Cap: JP¥867.5b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Sinoma International EngineeringLtd

Market Cap: CN¥27.2b

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

Worley

Market Cap: AU$6.4b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

China Resources Land

Market Cap: HK$194.1b

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

Longfor Group Holdings

Market Cap: HK$61.1b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Anker Innovations

Market Cap: CN¥59.8b

Operates as a smart hardware technology company in China and internationally.

Raydium Semiconductor

Market Cap: NT$17.5b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Adairs

Market Cap: AU$312.1m

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

Beijing New Building Materials

Market Cap: CN¥41.8b

Manufactures and sells building materials in China and internationally.

ARYZTA

Market Cap: CHF 1.3b

Provides products and services for in-store bakery solutions in Europe and internationally.

ICG

Market Cap: UK£5.9b

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

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.2b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.