Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

ANE (Cayman)

Market Cap: HK$9.3b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.5b

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.

Ganyuan Foods

Market Cap: CN¥5.7b

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

Trajan Group Holdings

Market Cap: AU$109.0m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Longfor Group Holdings

Market Cap: HK$64.7b

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 Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.6b

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.

Sinopharm Group

Market Cap: HK$57.4b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Ever Sunshine Services Group

Market Cap: HK$3.5b

An investment holding company, provides property management services in the People's Republic of China.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.6b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Select Harvests

Market Cap: AU$584.1m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.9b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Tsingtao Brewery

Market Cap: HK$87.5b

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

Hualan Biological Engineering

Market Cap: CN¥28.6b

A biopharmaceutical company, researches, develops, produces, and commercializes blood products, vaccines, and recombinant proteins in China and internationally.

Beijing New Building Materials

Market Cap: CN¥44.7b

Manufactures and sells building materials in China and internationally.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.3b

ShenZhen YUTO Packaging Technology Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.9b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Oceania Healthcare

Market Cap: AU$485.2m

Owns and operates retirement villages and care centres in New Zealand.

Sinoma International EngineeringLtd

Market Cap: CN¥22.7b

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

Luxi Chemical Group

Market Cap: CN¥19.7b

Manufactures and sells chemical and fertilizer products.

China Resources Land

Market Cap: HK$189.7b

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

China Tower

Market Cap: HK$196.1b

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

Proya CosmeticsLtd

Market Cap: CN¥32.6b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Adaro Minerals Indonesia

Market Cap: Rp40.7t

Engages in metallurgical coal mining business in Indonesia.

China National Building Material

Market Cap: HK$28.5b

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

Hu Lane Associate

Market Cap: NT$14.9b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Acrow

Market Cap: AU$304.9m

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

Merchants Bancorp

Market Cap: US$1.5b

Operates as the diversified bank holding company in the United States.

TravelSky Technology

Market Cap: US$30.7b

Provides information technology (IT) solutions for the aviation and travel industries in the People’s Republic of China.

Teva Pharmaceutical Industries

Market Cap: €19.2b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

urban-gro

Market Cap: US$3.8m

Engages in the designing, engineering, building, and integrating complex environmental equipment systems for indoor controlled environment agriculture (CEA) cultivation and retail facilities in the United States, Canada, and Europe.

EVS Broadcast Equipment

Market Cap: €475.0m

Provides live video technology for broadcast and media productions in the United States, Europe, Africa, Middle East, and Asia Pacific.

Harley-Davidson

Market Cap: US$2.9b

Manufactures and sells motorcycles in the United States and internationally.

Capgemini

Market Cap: €24.7b

Provides consulting, digital transformation, technology, and engineering services primarily in North America, France, the United Kingdom, Ireland, the rest of Europe, the Asia-Pacific, and Latin America.