Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Security Bank

Market Cap: ₱52.9b

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.0b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Tenaga Nasional Berhad

Market Cap: RM 77.8b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

LX Semicon

Market Cap: ₩891.3b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Ping An Bank

Market Cap: CN¥221.2b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$10.5b

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.

REC

Market Cap: ₹967.4b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.7b

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Aurora Design

Market Cap: ฿18.9b

Trades gold jewelry in Thailand.

Hyosung TNC

Market Cap: ₩925.7b

Manufactures and sells fiber in South Korea and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.4b

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

China Railway Group

Market Cap: CN¥127.4b

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

Micro-Star International

Market Cap: NT$96.3b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.7b

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

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

China Resources Power Holdings

Market Cap: HK$90.8b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Emaar Properties PJSC

Market Cap: د.إ117.6b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.7b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.4b

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

China Resources Land

Market Cap: HK$211.2b

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

Vardhman Textiles

Market Cap: ₹120.7b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Carlsberg

Market Cap: US$103.5b

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.0b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

C&D International Investment Group

Market Cap: HK$39.1b

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.

Ganyuan Foods

Market Cap: CN¥5.1b

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

Otsuka Holdings

Market Cap: JP¥4.1t

Engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide.

IRB Infrastructure Developers

Market Cap: ₹247.7b

Engages in the infrastructure development business in India.

Bangchak Corporation

Market Cap: ฿42.7b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

IPH

Market Cap: AU$954.4m

Provides intellectual property (IP) services and products.

Proya CosmeticsLtd

Market Cap: CN¥32.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Proya CosmeticsLtd

Market Cap: CN¥32.0b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.