Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Acrow

Market Cap: AU$312.6m

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

United Bank for Africa

Market Cap: ₦1.5t

Primarily provides corporate, commercial, and retail banking services in Nigeria, rest of Africa, and internationally.

Austevoll Seafood

Market Cap: NOK 19.3b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

MC Group

Market Cap: ฿7.8b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Mayur Uniquoters

Market Cap: ₹25.8b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

Longfor Group Holdings

Market Cap: HK$66.9b

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.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.5b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Xiamen C&D

Market Cap: CN¥29.4b

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

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

BWG

Market Cap: NOK 17.1b

An investment holding company, engages in ship owning and chartering activities worldwide.

Axalta Coating Systems

Market Cap: US$6.7b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Aeon (M) Bhd

Market Cap: RM 1.9b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Beijing New Building Materials

Market Cap: CN¥47.7b

Manufactures and sells building materials in China and internationally.

Hoa Phat Group

Market Cap: ₫168.2t

Produces and sells steel products in Vietnam.

Ganyuan Foods

Market Cap: CN¥6.0b

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

Exxaro Resources

Market Cap: R36.3b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

AWC Berhad

Market Cap: RM 204.5m

An investment holding company, provides integrated facilities management and engineering services.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.0b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.7b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥33.4b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

ANE (Cayman)

Market Cap: HK$9.5b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Hu Lane Associate

Market Cap: NT$13.8b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.4b

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

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Vietnam International Commercial Bank

Market Cap: ₫53.2t

Provides banking products and services to organizations and individuals.

Tsingtao Brewery

Market Cap: HK$91.4b

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

Ningbo Deye Technology Group

Market Cap: CN¥54.9b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in China, the United Kingdom, the United States, Germany, India, and internationally.

China National Building Material

Market Cap: HK$26.7b

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

China Resources Land

Market Cap: HK$190.0b

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

Luxi Chemical Group

Market Cap: CN¥20.2b

Manufactures and sells chemical and fertilizer products.

Sunshine Insurance Group

Market Cap: HK$37.4b

Provides various insurance products and related services in the People’s Republic of China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.6b

Produces and sells seasoning products in China and internationally.

Ever Sunshine Services Group

Market Cap: HK$3.4b

An investment holding company, provides property management services in the People's Republic of China.