Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Hu Lane Associate

Market Cap: NT$15.1b

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

China Overseas Property Holdings

Market Cap: HK$15.8b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.7b

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

NetEase Cloud Music

Market Cap: HK$42.5b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

China National Building Material

Market Cap: HK$37.0b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Parade Technologies

Market Cap: NT$47.0b

Operates as a fabless semiconductor company in South Korea, China, Taiwan, Japan, and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.6b

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

Vieworks

Market Cap: ₩180.8b

Develops, manufactures, and sells imaging systems and solutions.

Binggrae

Market Cap: ₩661.4b

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

Anhui Expressway

Market Cap: CN¥23.7b

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

Hansen Technologies

Market Cap: AU$1.1b

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

Sasseur Real Estate Investment Trust

Market Cap: S$847.5m

Invests in a portfolio of real estate and related assets.

Hoa Phat Group

Market Cap: ₫199.6t

Produces and sells steel products in Vietnam.

Sanwa Holdings

Market Cap: JP¥861.7b

Through its subsidiaries, manufactures and sells construction materials for commercial and residential buildings in Japan, North America, Europe, and Asia.

Inspur Digital Enterprise Technology

Market Cap: HK$8.3b

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.

Security Bank

Market Cap: ₱50.9b

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

Horizon Construction Development

Market Cap: HK$3.6b

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

Industrial Bank

Market Cap: CN¥437.0b

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

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Assetwise

Market Cap: ฿5.4b

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

Tsingtao Brewery

Market Cap: CN¥74.4b

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

Sansiri

Market Cap: ฿23.0b

Engages in the property development business in Thailand.

F&F

Market Cap: ₩2.8t

Manufactures and sells sewn wearing apparels in South Korea.

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱112.1b

Converge Information and Communications Technology Solutions, Inc.

China South Publishing & Media Group

Market Cap: CN¥20.5b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Innocean Worldwide

Market Cap: ₩758.8b

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

Longfor Group Holdings

Market Cap: HK$65.8b

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.

China Resources Land

Market Cap: HK$201.4b

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

True Corporation

Market Cap: ฿380.1b

Provides telecommunications and value-added services in Thailand.

IRB Infrastructure Developers

Market Cap: ₹249.2b

Engages in the infrastructure development business in India.

Raydium Semiconductor

Market Cap: NT$16.6b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.1b

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.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥43.5b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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