Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

IRB Infrastructure Developers

Market Cap: ₹259.1b

Engages in the infrastructure development business in India.

China Resources Land

Market Cap: HK$215.1b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥47.1b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.6b

Provides chemical supply chain solutions worldwide.

Hoa Phat Group

Market Cap: ₫203.8t

Produces and sells steel products in Vietnam.

Longfor Group Holdings

Market Cap: HK$68.4b

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.

F&F

Market Cap: ₩2.7t

Manufactures and sells sewn wearing apparels in South Korea.

Assetwise

Market Cap: ฿5.4b

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

Indofood Sukses Makmur

Market Cap: Rp64.5t

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

MC Group

Market Cap: ฿8.6b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.6b

Provides chemical supply chain solutions worldwide.

Huaqin Technology

Market Cap: CN¥88.8b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.4b

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

Shenzhen Transsion Holdings

Market Cap: CN¥73.8b

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

China Pacific Insurance (Group)

Market Cap: CN¥315.7b

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

DUG Technology

Market Cap: AU$284.4m

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.

Aeris Resources

Market Cap: AU$574.6m

Explores, produces, and sells precious metals in Australia.

Tsingtao Brewery

Market Cap: CN¥76.4b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹176.3b

Produces and sells fertilizers primarily in India.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱113.0b

Converge Information and Communications Technology Solutions, Inc.

China South Publishing & Media Group

Market Cap: CN¥20.0b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.8b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.5b

Provides container shipping services in China.

Innocean Worldwide

Market Cap: ₩725.2b

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

LIG Nex1

Market Cap: ₩8.4t

A defense company, develops and manufactures weapon systems worldwide.

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.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥23.8b

Engages in the production and sales of coal in China.

China Pacific Insurance (Group)

Market Cap: CN¥315.7b

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

Bethel Automotive Safety Systems

Market Cap: CN¥27.2b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Emaar Properties PJSC

Market Cap: د.إ117.6b

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

Inspur Digital Enterprise Technology

Market Cap: HK$8.3b

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.

Security Bank

Market Cap: ₱52.0b

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