Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Aviation Oil (Singapore)

Market Cap: S$1.8b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Fosun International

Market Cap: HK$33.0b

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

C&D International Investment Group

Market Cap: HK$32.3b

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.

Genscript Biotech

Market Cap: HK$31.0b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Beijing New Building Materials

Market Cap: CN¥43.1b

Manufactures and sells building materials in China.

Indofood Sukses Makmur

Market Cap: Rp61.7t

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

Sinoma International EngineeringLtd

Market Cap: CN¥26.8b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Xiamen C&D

Market Cap: CN¥25.8b

Engages in the supply chain and real estate development businesses in China and internationally.

Industrial Bank

Market Cap: CN¥385.6b

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

Guangdong Haid Group

Market Cap: CN¥78.0b

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

Bank Mandiri (Persero)

Market Cap: Rp442.9t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.9b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Aluminum Corporation of China

Market Cap: HK$230.3b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

China Hongqiao Group

Market Cap: HK$360.2b

An investment holding company, manufactures and sells aluminum products.

GWA Group

Market Cap: AU$524.7m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Xtep International Holdings

Market Cap: HK$12.2b

Designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China.

Stanmore Resources

Market Cap: AU$2.0b

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

Lucky Harvest

Market Cap: CN¥8.3b

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

Aeris Resources

Market Cap: AU$437.0m

Explores, produces, and sells precious metals in Australia.

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

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.

Guoquan Food (Shanghai)

Market Cap: HK$8.0b

Operates as a home meal products company in Mainland China.

IndiQube Spaces

Market Cap: ₹35.3b

Provides workplace solutions and value-added services in India.

Trajan Group Holdings

Market Cap: AU$63.3m

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.

Aluminum Corporation of China

Market Cap: HK$230.3b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Metcash

Market Cap: AU$3.2b

Operates as a wholesale distribution and marketing company in Australia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp297.2t

Provides information and communications technology, and telecommunications network services worldwide.

Far East Horizon

Market Cap: HK$35.9b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Acrow

Market Cap: AU$305.3m

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

Shenzhen YHLO Biotech

Market Cap: CN¥8.1b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

LHN

Market Cap: S$267.9m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

ISOTeam

Market Cap: S$69.4m

Operates in the building maintenance and estate upgrading industry in Singapore.

Anhui Conch Cement

Market Cap: CN¥109.8b

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

Morimatsu International Holdings

Market Cap: HK$8.3b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

Aurelia Metals

Market Cap: AU$448.8m

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