Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase Cloud Music

Market Cap: HK$38.5b

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.

Indofood Sukses Makmur

Market Cap: Rp59.3t

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

Anhui Expressway

Market Cap: CN¥22.7b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Fosun International

Market Cap: HK$34.1b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

Guangdong Haid Group

Market Cap: CN¥85.2b

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

Hansen Technologies

Market Cap: AU$1.1b

Engages in the development, integration, and support of billing and customer information systems.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

Shenzhen Transsion Holdings

Market Cap: CN¥71.6b

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

ARN Media

Market Cap: AU$119.0m

Operates as a media and entertainment company in Australia and Hong Kong.

Summerset Group Holdings

Market Cap: AU$2.9b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Aurelia Metals

Market Cap: AU$541.6m

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

China Mengniu Dairy

Market Cap: HK$61.2b

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

Anker Innovations

Market Cap: CN¥56.8b

Operates as a smart hardware technology company in China and internationally.

Middle East Healthcare

Market Cap: ر.س3.3b

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

Lucky Harvest

Market Cap: CN¥10.6b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Adairs

Market Cap: AU$303.2m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

China Railway Group

Market Cap: CN¥126.0b

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

Huaqin Technology

Market Cap: CN¥91.0b

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

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.

China Resources Land

Market Cap: HK$204.9b

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

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.1b

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Industrial Bank

Market Cap: CN¥409.5b

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

C&D International Investment Group

Market Cap: HK$34.3b

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.

Hu Lane Associate

Market Cap: NT$15.1b

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

Jazz Pharmaceuticals

Market Cap: €10.3b

Jazz Pharmaceuticals plc identifies, develops, and commercializes pharmaceutical products in the United States, Europe, and internationally.

FRP Advisory Group

Market Cap: UK£317.7m

Provides business advisory services to companies, lenders, investors, individuals, and other stakeholders in the United Kingdom.

Hannover Rück

Market Cap: €28.5b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Telefónica

Market Cap: €18.6b

Provides telecommunications services in Europe and Latin America.

Gamma Communications

Market Cap: UK£846.0m

Provides technology-based communications and software services to small, medium, and large-sized organizations in the United Kingdom, rest of Europe, and internationally.

Capgemini

Market Cap: €22.9b

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.

Cabka

Market Cap: €42.0m

Manufactures and sells pallets and large containers made from recycled plastic in Europe, North America, and internationally.