Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Chorus Aviation

Market Cap: US$591.7m

Through its subsidiaries, provides aviation services.

KH Neochem

Market Cap: JP¥90.1b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.4b

Beijing Urban Construction Investment & Development Co., Ltd.

ANE (Cayman)

Market Cap: HK$9.3b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.5b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥22.7b

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

IRB Infrastructure Developers

Market Cap: ₹299.6b

Engages in the infrastructure development business in India.

Ganyuan Foods

Market Cap: CN¥5.7b

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

CLIO CosmeticsLtd

Market Cap: ₩284.2b

Provides makeup products in South Korea and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Trajan Group Holdings

Market Cap: AU$109.0m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Middle East Healthcare

Market Cap: ر.س5.2b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

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

Longfor Group Holdings

Market Cap: HK$64.7b

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.

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.5b

Primarily engages in coal mining, washing, processing, sales, and storage business in China.

ENEOS Holdings

Market Cap: JP¥1.9t

Through its subsidiaries, operates in the energy, oil and natural gas exploration and production, and metals businesses in Japan, China, Asia, and internationally.

Nissui

Market Cap: JP¥265.3b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$8.6b

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: ₹1.1t

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

MCNEX

Market Cap: ₩443.1b

Manufactures and sells camera modules in South Korea and internationally.

Sinopharm Group

Market Cap: HK$57.4b

Engages in the wholesale and retail of pharmaceutical and healthcare products, and medical devices in the People’s Republic of China.

Huaxin Cement

Market Cap: CN¥21.8b

Manufactures and sells cement in China and internationally.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.3b

Provides real estate development services in China.

Aeon (M) Bhd

Market Cap: RM 2.0b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Sao Ta Foods

Market Cap: ₫2.5t

Engages in farming, processing, and preserving aquatic products.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.1b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

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.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.

Proya CosmeticsLtd

Market Cap: CN¥32.6b

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

Zhejiang Semir Garment

Market Cap: CN¥14.2b

Produces and sells casual apparels in China and internationally.

Ever Sunshine Services Group

Market Cap: HK$3.5b

An investment holding company, provides property management services in the People's Republic of China.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.6b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Select Harvests

Market Cap: AU$584.1m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.