Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Intertek Group

Market Cap: US$7.2b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

BYD Electronic (International)

Market Cap: US$89.7b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Corpovael. de

Market Cap: Mex$988.6m

Engages in the design, urbanization, construction, promotion, and sale of homes in Mexico.

Haidilao International Holding

Market Cap: HK$74.8b

An investment holding company, engages in the restaurant operation and delivery businesses.

Binggrae

Market Cap: ₩663.1b

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

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

KH Neochem

Market Cap: JP¥97.6b

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

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

REC

Market Cap: ₹981.8b

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

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

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.

Security Bank

Market Cap: ₱53.8b

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

Proya CosmeticsLtd

Market Cap: CN¥31.8b

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

Proya CosmeticsLtd

Market Cap: CN¥31.8b

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

China Mobile

Market Cap: HK$1.9t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Hu Lane Associate

Market Cap: NT$15.2b

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

True Corporation

Market Cap: ฿359.3b

Provides telecommunications and value-added services in Thailand.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

WemadeLtd

Market Cap: ₩899.3b

Develops and publishes games in South Korea and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.0b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.2b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹204.6b

Produces and sells fertilizers primarily in India.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.4b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Vardhman Textiles

Market Cap: ₹119.3b

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

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.

Emaar Properties PJSC

Market Cap: د.إ115.3b

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

Inspur Digital Enterprise Technology

Market Cap: HK$10.8b

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.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥22.7b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Jinzai Food GroupLtd

Market Cap: CN¥5.4b

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

China Railway Group

Market Cap: CN¥128.3b

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

Aurora Design

Market Cap: ฿19.6b

Trades gold jewelry in Thailand.

Hyosung TNC

Market Cap: ₩923.6b

Manufactures and sells fiber in South Korea and internationally.

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.0b

Beijing Urban Construction Investment & Development Co., Ltd.

Assetwise

Market Cap: ฿4.9b

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

Tenaga Nasional Berhad

Market Cap: RM 77.1b

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

China Resources Land

Market Cap: HK$216.6b

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