Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.8b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Cheerwin Group

Market Cap: HK$3.2b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥16.1b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.8b

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

Security Bank

Market Cap: ₱49.0b

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

China Mobile

Market Cap: HK$1.8t

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

Industrial Bank

Market Cap: CN¥395.7b

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

Anker Innovations

Market Cap: CN¥53.4b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.9b

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

China Railway Group

Market Cap: CN¥133.5b

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

Horizon Construction Development

Market Cap: HK$3.2b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.9b

Chongqing Baiya Sanitary Products Co., Ltd.

Emaar Properties PJSC

Market Cap: د.إ132.6b

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

Guangdong Haid Group

Market Cap: CN¥85.4b

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

Bethel Automotive Safety Systems

Market Cap: CN¥31.2b

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

Fosun International

Market Cap: HK$34.0b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.7b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥228.9b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

Innocean Worldwide

Market Cap: ₩760.4b

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

Hansen Technologies

Market Cap: AU$1.0b

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

Hoa Phat Group

Market Cap: ₫205.7t

Produces and sells steel products in Vietnam.

Indofood Sukses Makmur

Market Cap: Rp59.7t

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

China Conch Venture Holdings

Market Cap: HK$19.1b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

Converge Information and Communications Technology Solutions

Market Cap: ₱112.2b

Converge Information and Communications Technology Solutions, Inc.

Bank BTPN Syariah

Market Cap: Rp9.3t

Provides various banking products and services in Indonesia.

Srisawad Corporation

Market Cap: ฿41.5b

Provides financial services in Thailand and internationally.

Sanwa Holdings

Market Cap: JP¥739.9b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

JVM

Market Cap: ₩292.0b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

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.

DUG Technology

Market Cap: AU$253.2m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

China South Publishing & Media Group

Market Cap: CN¥19.8b

Engages in the publishing, printing, distribution, media, and financing businesses in China.