Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Beijing New Building Materials

Market Cap: CN¥40.7b

Manufactures and sells building materials in China.

Industrial Bank

Market Cap: CN¥367.6b

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

NSL Foods

Market Cap: ฿6.3b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Acrow

Market Cap: AU$252.4m

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

Bank BTPN Syariah

Market Cap: Rp7.4t

Operates as a sharia commercial bank providing a comprehensive range of banking products and services in Indonesia.

Origin Property

Market Cap: ฿4.2b

Engages in property development in Thailand.

Guoquan Food (Shanghai)

Market Cap: HK$6.5b

Operates as a home meal products company in Mainland China.

Universal Store Holdings

Market Cap: AU$489.5m

Engages in the retail operations in the fashion market in Australia.

Lao Feng Xiang

Market Cap: CN¥16.0b

Operates in the jewelry industry in the People's Republic of China and internationally.

China Hongqiao Group

Market Cap: HK$305.5b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

ISOTeam

Market Cap: S$62.9m

Operates in the building maintenance and estate upgrading industry in Singapore.

GF Securities

Market Cap: CN¥141.8b

Provides capital market services in China.

Trajan Group Holdings

Market Cap: AU$46.5m

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.

Sinoma International EngineeringLtd

Market Cap: CN¥22.2b

Operates in the cement technology equipment and engineering services industry in China and internationally.

Bank CIMB Niaga

Market Cap: Rp41.6t

Provides various banking products and services in Indonesia and internationally.

American Integrity Insurance Group

Market Cap: €325.2m

Operates as an insurance company in the United States.

Far East Horizon

Market Cap: HK$35.0b

Provides various financial services in Mainland China, Hong Kong, and internationally.

Guangdong Haid Group

Market Cap: CN¥73.7b

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

Indofood Sukses Makmur

Market Cap: Rp59.3t

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

Inspur Digital Enterprise Technology

Market Cap: HK$2.8b

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.

Aluminum Corporation of China

Market Cap: HK$206.8b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Shenzhen Gas

Market Cap: CN¥18.7b

Provides urban gas, natural gas, and LPG energy.

Stanmore Resources

Market Cap: AU$2.2b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Aurelia Metals

Market Cap: AU$491.1m

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

Aluminum Corporation of China

Market Cap: HK$206.8b

Primarily engages in the exploration and mining of bauxite, coal, and other resources in the People's Republic of China and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥11.5b

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

Beijing Dabeinong Technology GroupLtd

Market Cap: CN¥14.8b

Beijing Dabeinong Technology Group Co.,Ltd.

Bank Mandiri (Persero)

Market Cap: Rp388.8t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

China Hongqiao Group

Market Cap: HK$305.5b

An investment holding company, manufactures and sells aluminum products in the People's Republic of China, India, Europe, Malaysia, North America, the rest of Southeast Asia, and internationally.

Xtep International Holdings

Market Cap: HK$11.4b

Designs, develops, manufactures, markets, and sells footwear, apparel, and accessories for adults and children in Mainland China.

BOC Aviation

Market Cap: HK$53.6b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Centurion

Market Cap: S$1.2b

Owns, manages, and operates purpose-built accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

C&D International Investment Group

Market Cap: HK$35.6b

An investment holding company, engages in the property development business in the People’s Republic of China.

Genscript Biotech

Market Cap: HK$28.0b

An investment holding company, engages in the manufacture and sale of life science research products and services in the United States of America, Europe, Mainland China, Europe, Asia Pacific, and internationally.

Baoshan Iron & Steel

Market Cap: CN¥127.0b

Manufactures and sells steel products in China and internationally.