Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Railway Group

Market Cap: CN¥133.8b

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

Horizon Construction Development

Market Cap: HK$3.7b

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

Anker Innovations

Market Cap: CN¥63.6b

Develops and sells mobile charging products.

China Resources Land

Market Cap: HK$210.4b

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

Shenzhen Transsion Holdings

Market Cap: CN¥92.0b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

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.

Tenaga Nasional Berhad

Market Cap: RM 76.8b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

REC

Market Cap: ₹994.0b

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

Trajan Group Holdings

Market Cap: AU$128.1m

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.

Indorama Ventures

Market Cap: ฿114.5b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Haidilao International Holding

Market Cap: HK$73.2b

An investment holding company, engages in the restaurant operation and delivery businesses.

Inspur Digital Enterprise Technology

Market Cap: HK$9.6b

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.

Proya CosmeticsLtd

Market Cap: CN¥31.5b

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

Apeejay Surrendra Park Hotels

Market Cap: ₹32.0b

Owns and operates hotels in India.

WemadeLtd

Market Cap: ₩934.8b

Develops and publishes games in South Korea and internationally.

IPH

Market Cap: AU$925.6m

Provides intellectual property (IP) services and products.

Security Bank

Market Cap: ₱53.3b

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

Anhui Conch Cement

Market Cap: CN¥125.2b

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

Middle East Healthcare

Market Cap: ر.س5.1b

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.1b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥24.7b

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

China Overseas Property Holdings

Market Cap: HK$16.0b

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

C&D International Investment Group

Market Cap: HK$39.2b

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.

Vardhman Textiles

Market Cap: ₹118.5b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹196.4b

Produces and sells fertilizers primarily in India.

Emaar Properties PJSC

Market Cap: د.إ122.9b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Worley

Market Cap: AU$7.1b

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

Proya CosmeticsLtd

Market Cap: CN¥31.5b

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

Beijing New Building Materials

Market Cap: CN¥42.0b

Manufactures and sells building materials in China and internationally.

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.

Ganyuan Foods

Market Cap: CN¥5.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.7b

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

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

Industrial Bank

Market Cap: CN¥432.8b

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