Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Indofood Sukses Makmur

Market Cap: Rp64.8t

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

Assetwise

Market Cap: ฿5.4b

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

Trajan Group Holdings

Market Cap: AU$101.4m

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.

REC

Market Cap: ₹953.9b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹177.3b

Produces and sells fertilizers primarily in India.

Sansiri

Market Cap: ฿23.9b

Engages in the property development business in Thailand.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Guangdong Haid Group

Market Cap: CN¥92.3b

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

MC Group

Market Cap: ฿8.5b

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

IPH

Market Cap: AU$910.0m

Provides intellectual property (IP) services and products.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

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

Emaar Properties PJSC

Market Cap: د.إ116.7b

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

NetEase Cloud Music

Market Cap: HK$41.7b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

National Medical Care

Market Cap: ر.س6.5b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Srisawad Corporation

Market Cap: ฿41.5b

Provides financial services in Thailand and internationally.

Huaqin Technology

Market Cap: CN¥88.3b

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

Hoa Phat Group

Market Cap: ₫206.5t

Produces and sells steel products in Vietnam.

Longfor Group Holdings

Market Cap: HK$68.7b

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.

Shenzhen Transsion Holdings

Market Cap: CN¥73.2b

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

China Railway Group

Market Cap: CN¥126.0b

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

China Resources Land

Market Cap: HK$220.2b

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

IRB Infrastructure Developers

Market Cap: ₹260.9b

Engages in the infrastructure development business in India.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.5b

Engages in the production and sales of coal in China.

Aeon (M) Bhd

Market Cap: RM 1.5b

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

ISOTeam

Market Cap: S$61.1m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

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

Middle East Healthcare

Market Cap: ر.س3.7b

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

China Conch Venture Holdings

Market Cap: HK$18.3b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

AWC Berhad

Market Cap: RM 196.8m

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.6b

Provides container shipping services in China.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.8b

Engages in the manufacture of pharmaceutical products in China.

China Pacific Insurance (Group)

Market Cap: CN¥319.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

China Overseas Property Holdings

Market Cap: HK$16.3b

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