Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Kuaishou Technology

Market Cap: €301.6b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Ernst Russ

Market Cap: €245.3m

A publicly owned investment manager.

Hikma Pharmaceuticals

Market Cap: €3.4b

Develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products.

q.beyond

Market Cap: €98.9m

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

Summerset Group Holdings

Market Cap: AU$2.7b

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

BYD Electronic (International)

Market Cap: US$76.1b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$5.4b

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.

Hansen Technologies

Market Cap: AU$937.4m

Engages in the development, integration, and support of billing and customer information systems.

Geely Automobile Holdings

Market Cap: CN¥178.6b

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

MCNEX

Market Cap: ₩486.7b

Manufactures and sells camera modules in South Korea and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥30.8b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.4b

Chongqing Baiya Sanitary Products Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥89.4b

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

China Railway Group

Market Cap: CN¥127.8b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.9b

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

China South Publishing & Media Group

Market Cap: CN¥20.5b

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

China Mobile

Market Cap: HK$1.7t

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

Middle East Healthcare

Market Cap: ر.س3.2b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Fosun International

Market Cap: HK$33.0b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.6b

Manufactures and sells power distribution in China and internationally.

DUG Technology

Market Cap: AU$241.7m

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.

China Mengniu Dairy

Market Cap: HK$67.0b

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

SILICON2

Market Cap: ₩2.7t

Engages in the distribution of cosmetics products worldwide.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥230.2b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Adairs

Market Cap: AU$324.5m

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

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.

Security Bank

Market Cap: ₱50.3b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥41.0b

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

C&D International Investment Group

Market Cap: HK$35.8b

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.

Innocean Worldwide

Market Cap: ₩798.0b

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

Trajan Group Holdings

Market Cap: AU$99.2m

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.

Lucky Harvest

Market Cap: CN¥9.2b

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

Grand Pharmaceutical Group

Market Cap: HK$27.7b

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱104.3b

Converge Information and Communications Technology Solutions, Inc.