Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Allied Properties Real Estate Investment Trust

Market Cap: €1.4b

A leading owner-operator of distinctive urban workspace in Canada’s major cities.

China Tower

Market Cap: HK$191.2b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

China Railway Group

Market Cap: CN¥132.2b

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

IRB Infrastructure Developers

Market Cap: ₹268.5b

Engages in the infrastructure development business in India.

Adairs

Market Cap: AU$322.8m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥22.3b

Provides container shipping services in China.

IndiQube Spaces

Market Cap: ₹38.7b

Provides workplace solutions and value-added services in India.

Acrow

Market Cap: AU$325.6m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Cheerwin Group

Market Cap: HK$3.1b

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.

LHN

Market Cap: S$297.0m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Inspur Digital Enterprise Technology

Market Cap: HK$5.0b

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.

Geely Automobile Holdings

Market Cap: CN¥183.0b

An investment holding company, operates as an automobile manufacturer primarily in the People’s Republic of China.

Aurelia Metals

Market Cap: AU$533.2m

Engages in the exploration and production of mineral properties in Australia.

Industrial Bank

Market Cap: CN¥393.4b

Provides banking products and services in the People’s Republic of China.

Ping An Bank

Market Cap: CN¥212.7b

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

Summerset Group Holdings

Market Cap: AU$2.6b

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

ARN Media

Market Cap: AU$111.1m

Operates as a media and entertainment company in Australia and Hong Kong.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.3b

Chongqing Baiya Sanitary Products Co., Ltd.

Grand Pharmaceutical Group

Market Cap: HK$26.5b

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱104.3b

Converge Information and Communications Technology Solutions, Inc.

Lucky Harvest

Market Cap: CN¥9.2b

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

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.

Middle East Healthcare

Market Cap: ر.س3.3b

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

C&D International Investment Group

Market Cap: HK$35.0b

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.

Anhui Expressway

Market Cap: CN¥23.0b

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

Security Bank

Market Cap: ₱50.9b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.6b

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

Huali Industrial Group

Market Cap: CN¥56.9b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥34.7b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.4b

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

Bethel Automotive Safety Systems

Market Cap: CN¥30.8b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

China Mengniu Dairy

Market Cap: HK$66.0b

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

Horizon Construction Development

Market Cap: HK$3.1b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.