Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

PayPal Holdings

Market Cap: Mex$58.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

GL Events

Market Cap: €797.8m

Provides integrated solutions and services for events in France and internationally.

Carlsberg

Market Cap: US$108.7b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Allied Properties Real Estate Investment Trust

Market Cap: €1.9b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

DUG Technology

Market Cap: AU$278.3m

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.

Lion

Market Cap: JP¥434.2b

Manufactures and sells consumer and industrial products in Japan and internationally.

GWA Group

Market Cap: AU$632.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Bethel Automotive Safety Systems

Market Cap: CN¥28.6b

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

Aeris Resources

Market Cap: AU$517.1m

Explores, produces, and sells precious metals in Australia.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.2b

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

Aeon (M) Bhd

Market Cap: RM 1.7b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

KH Neochem

Market Cap: JP¥83.7b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Assetwise

Market Cap: ฿5.4b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.5b

Provides chemical supply chain solutions worldwide.

F&F

Market Cap: ₩2.8t

Manufactures and sells sewn wearing apparels in South Korea.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.6b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Innocean Worldwide

Market Cap: ₩716.0b

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

Bear Electric ApplianceLtd

Market Cap: CN¥7.1b

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

Hyosung TNC

Market Cap: ₩953.8b

Manufactures and sells fiber in South Korea and internationally.

China Mengniu Dairy

Market Cap: HK$58.0b

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

WemadeLtd

Market Cap: ₩929.7b

Develops and publishes games in South Korea and internationally.

REC

Market Cap: ₹951.6b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Foxsemicon Integrated Technology

Market Cap: NT$32.7b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Aurelia Metals

Market Cap: AU$397.8m

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

C&D International Investment Group

Market Cap: HK$38.0b

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.

China Overseas Property Holdings

Market Cap: HK$16.6b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Indorama Ventures

Market Cap: ฿96.6b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

China Pacific Insurance (Group)

Market Cap: CN¥327.3b

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

China Conch Venture Holdings

Market Cap: HK$18.8b

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

China South Publishing & Media Group

Market Cap: CN¥21.7b

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

MCNEX

Market Cap: ₩428.7b

Manufactures and sells camera modules in South Korea and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.5b

Provides chemical supply chain solutions worldwide.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.9b

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.