Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Srisawad Corporation

Market Cap: ฿42.4b

Provides financial services in Thailand and internationally.

Assetwise

Market Cap: ฿5.4b

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

Sanwa Holdings

Market Cap: JP¥864.3b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Grand Pharmaceutical Group

Market Cap: HK$27.9b

An investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical preparations and medical devices, biotechnology and healthcare products, and pharmaceutical raw materials.

Fosun International

Market Cap: HK$36.1b

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

SK

Market Cap: ₩14.0t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Guangdong Haid Group

Market Cap: CN¥93.3b

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

Shenzhen Transsion Holdings

Market Cap: CN¥77.8b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

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

NetEase Cloud Music

Market Cap: HK$39.6b

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.

JVM

Market Cap: ₩297.7b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Anhui Expressway

Market Cap: CN¥23.5b

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

F&F

Market Cap: ₩2.6t

Manufactures and sells sewn wearing apparels in South Korea.

Tonghua Dongbao Pharmaceutical

Market Cap: CN¥16.0b

Researches, develops, produces, and markets pharmaceuticals in China.

Beijing New Building Materials

Market Cap: CN¥42.1b

Manufactures and sells building materials in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥27.1b

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

China National Building Material

Market Cap: HK$38.6b

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

Binggrae

Market Cap: ₩658.7b

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

LPKF Laser & Electronics

Market Cap: €136.7m

Develops, manufactures, and sells laser-based solutions for the technology industry worldwide.

China Mengniu Dairy

Market Cap: HK$58.1b

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

Uber Technologies

Market Cap: €169.3b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Indofood Sukses Makmur

Market Cap: Rp59.5t

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

Future

Market Cap: JP¥175.8b

Provides IT consulting and services primarily in Japan.

China Railway Group

Market Cap: CN¥125.0b

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

HD Hyundai Construction Equipment

Market Cap: ₩1.6t

HD Hyundai Construction Equipment Co.,Ltd.

LX Semicon

Market Cap: ₩799.4b

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

Innocean Worldwide

Market Cap: ₩738.4b

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

MCNEX

Market Cap: ₩454.3b

Manufactures and sells camera modules in South Korea and internationally.

Anker Innovations

Market Cap: CN¥60.8b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.8b

Provides chemical supply chain solutions worldwide.

Lucky Harvest

Market Cap: CN¥11.0b

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

China Construction Bank

Market Cap: HK$2.1t

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.

C&D International Investment Group

Market Cap: HK$34.0b

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.

KH Neochem

Market Cap: JP¥86.7b

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

Summerset Group Holdings

Market Cap: AU$2.9b

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