Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.8b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

True Corporation

Market Cap: ฿380.1b

Provides telecommunications and value-added services in Thailand.

China Resources Land

Market Cap: HK$201.4b

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

Raydium Semiconductor

Market Cap: NT$16.6b

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.

Anhui Expressway

Market Cap: CN¥23.7b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Binggrae

Market Cap: ₩661.4b

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

Hansen Technologies

Market Cap: AU$1.1b

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

Vieworks

Market Cap: ₩180.8b

Develops, manufactures, and sells imaging systems and solutions.

China National Building Material

Market Cap: HK$37.0b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.6b

Beijing Urban Construction Investment & Development Co., Ltd.

ASUSTeK Computer

Market Cap: NT$436.7b

Researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally.

Sanwa Holdings

Market Cap: JP¥861.7b

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

China Overseas Property Holdings

Market Cap: HK$15.8b

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

REC

Market Cap: ₹906.9b

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

Hu Lane Associate

Market Cap: NT$15.1b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.7b

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

Industrial Bank

Market Cap: CN¥437.0b

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

IRB Infrastructure Developers

Market Cap: ₹249.2b

Engages in the infrastructure development business in India.

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

Longfor Group Holdings

Market Cap: HK$65.8b

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.

Future

Market Cap: JP¥173.5b

Provides IT consulting and services primarily in Japan.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.9b

Engages in the production and sales of coal in China.

Bethel Automotive Safety Systems

Market Cap: CN¥28.0b

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

Huaqin Technology

Market Cap: CN¥96.7b

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

Security Bank

Market Cap: ₱50.9b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱112.1b

Converge Information and Communications Technology Solutions, Inc.

Tsingtao Brewery

Market Cap: CN¥74.4b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

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.

Sansiri

Market Cap: ฿23.0b

Engages in the property development business in Thailand.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥10.7b

Manufactures and sells steel structures and supporting products in China and internationally.

F&F

Market Cap: ₩2.8t

Manufactures and sells sewn wearing apparels in South Korea.

Calfrac Well Services

Market Cap: US$284.3m

Provides specialized oilfield services in Canada, the United States, and Argentina.

Horizon Construction Development

Market Cap: HK$3.6b

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

Inspur Digital Enterprise Technology

Market Cap: HK$8.3b

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.