Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Guangdong Haid Group

Market Cap: CN¥88.9b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.1b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Fosun International

Market Cap: HK$32.7b

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

Acrow

Market Cap: AU$320.9m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Anhui Expressway

Market Cap: CN¥23.1b

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

China Railway Group

Market Cap: CN¥133.3b

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

Industrial Bank

Market Cap: CN¥405.9b

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

Adairs

Market Cap: AU$324.5m

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

Anker Innovations

Market Cap: CN¥54.6b

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

Middle East Healthcare

Market Cap: ر.س3.3b

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

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.

Grand Pharmaceutical Group

Market Cap: HK$27.1b

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.

China Tower

Market Cap: HK$191.8b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Aurelia Metals

Market Cap: AU$541.6m

Engages in the exploration and production of mineral properties in Australia.

NetEase Cloud Music

Market Cap: HK$37.7b

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.

China Construction Bank

Market Cap: HK$2.1t

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.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

China Mengniu Dairy

Market Cap: HK$64.8b

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

Hansen Technologies

Market Cap: AU$949.7m

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.8b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

Huaqin Technology

Market Cap: CN¥83.9b

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

Lucky Harvest

Market Cap: CN¥9.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Block

Market Cap: €34.2b

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.

CellaVision

Market Cap: SEK 3.4b

Develops and sells instruments, software, and reagents for blood and body fluids analysis in Sweden and internationally.

Housing and Development Bank- Egypt (S.A.E)

Market Cap: ج.م52.6b

Together with its, provides corporate and retail banking services in Egypt.

Cabka

Market Cap: €41.5m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.

74Software

Market Cap: €945.3m

Operates as a software company in France.

Atalaya Mining Copper

Market Cap: €1.3b

Engages in the mineral exploration and development in Spain.

CDW

Market Cap: €16.4b

Provides information technology (IT) solutions in the United States, the United Kingdom, and Canada.

China Tower

Market Cap: €191.8b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Maisons du Monde

Market Cap: €62.9m

Through its subsidiaries, provides home and living room related products in France and internationally.

Gesco

Market Cap: €152.2m

Operates in the process, resource, healthcare, and infrastructure technology sectors in Germany, rest of Europe, the United States, and internationally.

Gecina

Market Cap: €5.8b

A leading operator, that fully integrates all real estate expertise, owning, managing, and developing a unique prime portfolio valued at €17.0bn as at June 30, 2025.