Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$70.1b

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.

AMG Critical Materials

Market Cap: US$1.1b

Develops, produces, and sells energy storage materials.

NetEase

Market Cap: US$592.1b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Delta Air Lines

Market Cap: €39.5b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

China Mobile

Market Cap: HK$1.8t

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

Far East Horizon

Market Cap: HK$35.0b

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

China Railway Group

Market Cap: CN¥133.7b

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

Grand Pharmaceutical Group

Market Cap: HK$25.0b

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.

Anker Innovations

Market Cap: CN¥53.4b

Operates as a smart hardware technology company in China and internationally.

Trajan Group Holdings

Market Cap: AU$70.2m

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.

Longfor Group Holdings

Market Cap: HK$66.2b

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.

China Resources Land

Market Cap: HK$221.8b

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

Ping An Bank

Market Cap: CN¥214.0b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

China Aviation Oil (Singapore)

Market Cap: S$1.7b

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

Tsingtao Brewery

Market Cap: CN¥74.2b

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

Inspur Digital Enterprise Technology

Market Cap: HK$4.1b

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱94.1b

Converge Information and Communications Technology Solutions, Inc.

Konica Minolta

Market Cap: JP¥246.1b

Engages in digital workplace, professional print, healthcare, and industry business in Japan, China, other Asian countries, the United States, Europe, and internationally.

REC

Market Cap: ₹889.2b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.0b

Chongqing Baiya Sanitary Products Co., Ltd.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

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

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

MC Group

Market Cap: ฿8.6b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Innocean Worldwide

Market Cap: ₩786.8b

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

GWA Group

Market Cap: AU$566.2m

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

IndiQube Spaces

Market Cap: ₹29.4b

Provides workplace solutions and value-added services in India.

Bethel Automotive Safety Systems

Market Cap: CN¥29.3b

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

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.9b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

LHN

Market Cap: S$250.0m

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

China Mengniu Dairy

Market Cap: HK$64.5b

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

Sasseur Real Estate Investment Trust

Market Cap: S$815.7m

Invests in a portfolio of real estate and related assets.

Hansen Technologies

Market Cap: AU$1.0b

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

Morimatsu International Holdings

Market Cap: HK$10.7b

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

F&F

Market Cap: ₩2.3t

Manufactures and sells apparel and accessories in South Korea.