Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥80.4b

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

China Resources Land

Market Cap: HK$209.8b

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

Haidilao International Holding

Market Cap: HK$78.1b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Acrow

Market Cap: AU$327.8m

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

China Railway Group

Market Cap: CN¥127.0b

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

True Corporation

Market Cap: ฿376.6b

Provides telecommunications and value-added services in Thailand.

Longfor Group Holdings

Market Cap: HK$69.1b

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.

IRB Infrastructure Developers

Market Cap: ₹259.5b

Engages in the infrastructure development business in India.

China National Building Material

Market Cap: HK$40.3b

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

Aurelia Metals

Market Cap: AU$414.7m

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

C&D International Investment Group

Market Cap: HK$36.9b

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.9b

Beijing Urban Construction Investment & Development Co., Ltd.

Security Bank

Market Cap: ₱51.8b

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

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

Huaibei Mining HoldingsLtd

Market Cap: CN¥32.3b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Horizon Construction Development

Market Cap: HK$3.6b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Binggrae

Market Cap: ₩658.7b

Engages in production and sale of dairy products in South Korea and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.2b

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

Trajan Group Holdings

Market Cap: AU$102.2m

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.

Vieworks

Market Cap: ₩186.2b

Develops, manufactures, and sells imaging systems and solutions.

NetEase Cloud Music

Market Cap: HK$40.4b

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.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

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

REC

Market Cap: ₹922.4b

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

WemadeLtd

Market Cap: ₩960.1b

Develops and publishes games in South Korea and internationally.

Hoa Phat Group

Market Cap: ₫205.7t

Produces and sells steel products in Vietnam.

Hu Lane Associate

Market Cap: NT$15.5b

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

Middle East Healthcare

Market Cap: ر.س3.5b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.2b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

Bethel Automotive Safety Systems

Market Cap: CN¥27.5b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Aeris Resources

Market Cap: AU$563.1m

Explores, produces, and sells precious metals in Australia.

China Pacific Insurance (Group)

Market Cap: CN¥318.5b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.2b

Engages in the production and sales of coal in China.