Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Huaqin Technology

Market Cap: CN¥89.3b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

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

Carlsberg

Market Cap: US$108.3b

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

China Pacific Insurance (Group)

Market Cap: CN¥314.6b

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

Hoa Phat Group

Market Cap: ₫208.0t

Produces and sells steel products in Vietnam.

Hu Lane Associate

Market Cap: NT$15.3b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥47.3b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

SILICON2

Market Cap: ₩2.7t

Engages in the distribution of cosmetics products worldwide.

Middle East Healthcare

Market Cap: ر.س3.7b

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

Innocean Worldwide

Market Cap: ₩731.6b

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

Shenzhen Transsion Holdings

Market Cap: CN¥74.9b

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

KH Neochem

Market Cap: JP¥84.5b

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

ISOTeam

Market Cap: S$62.7m

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

AWC Berhad

Market Cap: RM 200.2m

An investment holding company, provides integrated facilities management and engineering services.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.6b

Provides chemical supply chain solutions worldwide.

Vieworks

Market Cap: ₩173.0b

Develops, manufactures, and sells imaging systems and solutions.

NetEase Cloud Music

Market Cap: HK$41.9b

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.8b

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

National Medical Care

Market Cap: ر.س6.5b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.7b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.1b

Chongqing Baiya Sanitary Products Co., Ltd.

Raydium Semiconductor

Market Cap: NT$16.3b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.8b

Beijing Urban Construction Investment & Development Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥24.9b

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

China South Publishing & Media Group

Market Cap: CN¥20.1b

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

China Conch Venture Holdings

Market Cap: HK$18.7b

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

MOIL

Market Cap: ₹66.6b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.6b

Provides chemical supply chain solutions worldwide.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

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

Srisawad Corporation

Market Cap: ฿42.0b

Provides financial services in Thailand and internationally.

Shofu

Market Cap: JP¥66.9b

Manufactures and sells dental materials and equipment worldwide.

Bethel Automotive Safety Systems

Market Cap: CN¥27.0b

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

Emaar Properties PJSC

Market Cap: د.إ117.1b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥8.9b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

Aeris Resources

Market Cap: AU$511.4m

Explores, produces, and sells precious metals in Australia.