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.

WemadeLtd

Market Cap: ₩968.5b

Develops and publishes games in South Korea and internationally.

China Railway Group

Market Cap: CN¥132.2b

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

Tsingtao Brewery

Market Cap: CN¥73.2b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

IRB Infrastructure Developers

Market Cap: ₹268.5b

Engages in the infrastructure development business in India.

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Adairs

Market Cap: AU$322.8m

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

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Future

Market Cap: JP¥161.3b

Provides IT consulting and services primarily in Japan.

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.

Hansen Technologies

Market Cap: AU$923.1m

Engages in the development, integration, and support of billing and customer information systems.

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.

MCNEX

Market Cap: ₩481.0b

Manufactures and sells camera modules in South Korea and internationally.

Nido Education

Market Cap: AU$108.0m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

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.

Innocean Worldwide

Market Cap: ₩812.0b

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

ARN Media

Market Cap: AU$111.1m

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥227.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

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.

F&F

Market Cap: ₩2.7t

Manufactures and sells apparel and accessories in South Korea.

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.