Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Anhui Expressway

Market Cap: CN¥23.3b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

REC

Market Cap: ₹887.4b

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

China Overseas Property Holdings

Market Cap: HK$15.3b

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

Nido Education

Market Cap: AU$131.0m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.4b

An investment holding company, provides tea drink products in the People’s Republic of China.

China Conch Venture Holdings

Market Cap: HK$16.7b

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

Fosun International

Market Cap: HK$37.9b

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

Military Commercial Bank

Market Cap: ₫198.6t

Provides banking products and services.

Security Bank

Market Cap: ₱50.5b

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

Assetwise

Market Cap: ฿5.4b

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

Emaar Properties PJSC

Market Cap: د.إ124.6b

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

Trajan Group Holdings

Market Cap: AU$99.2m

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.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Tonghua Dongbao Pharmaceutical

Market Cap: CN¥16.2b

Researches, develops, produces, and markets pharmaceuticals in China.

Jinzai Food GroupLtd

Market Cap: CN¥5.1b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.2b

Chongqing Baiya Sanitary Products Co., Ltd.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.7b

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

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.

Inspur Digital Enterprise Technology

Market Cap: HK$7.9b

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.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.1b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.7b

Provides chemical supply chain solutions worldwide.

Shenzhen Transsion Holdings

Market Cap: CN¥79.9b

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

C&D International Investment Group

Market Cap: HK$37.3b

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.

Guangdong Haid Group

Market Cap: CN¥88.7b

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

IRB Infrastructure Developers

Market Cap: ₹246.1b

Engages in the infrastructure development business in India.

China National Building Material

Market Cap: HK$36.4b

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

China Mobile

Market Cap: HK$1.8t

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

Middle East Healthcare

Market Cap: ر.س3.2b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Sansiri

Market Cap: ฿23.5b

Engages in the property development business in Thailand.

Indofood Sukses Makmur

Market Cap: Rp60.4t

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

Chambal Fertilisers and Chemicals

Market Cap: ₹176.4b

Produces and sells fertilizers primarily in India.

Industrial Bank

Market Cap: CN¥443.2b

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

Adairs

Market Cap: AU$300.6m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

Anker Innovations

Market Cap: CN¥59.1b

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