Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase

Market Cap: US$628.8b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Guangdong Haid Group

Market Cap: CN¥88.9b

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

Bethel Automotive Safety Systems

Market Cap: CN¥30.5b

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

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.3b

Chongqing Baiya Sanitary Products Co., Ltd.

Indofood Sukses Makmur

Market Cap: Rp61.9t

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

China Conch Venture Holdings

Market Cap: HK$19.4b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.3b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.1b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

Fosun International

Market Cap: HK$32.7b

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

Hoa Phat Group

Market Cap: ₫217.2t

Produces and sells steel products in Vietnam.

Acrow

Market Cap: AU$320.9m

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

Anhui Expressway

Market Cap: CN¥23.1b

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

JVM

Market Cap: ₩287.9b

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

Hu Lane Associate

Market Cap: NT$13.4b

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

China Railway Group

Market Cap: CN¥133.3b

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

Industrial Bank

Market Cap: CN¥405.9b

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

Adairs

Market Cap: AU$324.5m

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

Anker Innovations

Market Cap: CN¥54.6b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥233.0b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Horizon Construction Development

Market Cap: HK$3.2b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.8b

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

China Mobile

Market Cap: HK$1.7t

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.5b

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

Security Bank

Market Cap: ₱49.8b

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

C&D International Investment Group

Market Cap: HK$37.3b

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.

REC

Market Cap: ₹1.0t

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

Grand Pharmaceutical Group

Market Cap: HK$27.1b

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: ₱107.9b

Converge Information and Communications Technology Solutions, Inc.

China Tower

Market Cap: HK$191.8b

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

Bank BTPN Syariah

Market Cap: Rp9.8t

Provides various banking products and services in Indonesia.

IRB Infrastructure Developers

Market Cap: ₹253.9b

Engages in the infrastructure development business in India.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥42.7b

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

Aurelia Metals

Market Cap: AU$541.6m

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