Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Inspur Digital Enterprise Technology

Market Cap: HK$8.2b

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.

Raydium Semiconductor

Market Cap: NT$17.1b

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.

Towngas Smart Energy

Market Cap: HK$13.7b

An investment holding company, sells piped gas, renewable energy, and other types of energy in the People’s Republic of China.

China Resources Land

Market Cap: HK$195.2b

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

LX Semicon

Market Cap: ₩823.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥27.0b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

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.

Military Commercial Bank

Market Cap: ₫199.0t

Provides banking products and services.

Assetwise

Market Cap: ฿5.4b

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

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.

Trajan Group Holdings

Market Cap: AU$102.2m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

Guangdong Haid Group

Market Cap: CN¥88.7b

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

Sansiri

Market Cap: ฿23.4b

Engages in the property development business in Thailand.

Fosun International

Market Cap: HK$37.9b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥44.6b

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

Emaar Properties PJSC

Market Cap: د.إ122.4b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

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

Binggrae

Market Cap: ₩681.7b

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

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.

Security Bank

Market Cap: ₱50.4b

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

Vieworks

Market Cap: ₩179.9b

Develops, manufactures, and sells imaging systems and solutions.

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.

Hansen Technologies

Market Cap: AU$1.1b

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

Indofood Sukses Makmur

Market Cap: Rp59.3t

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

Innocean Worldwide

Market Cap: ₩756.0b

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

China South Publishing & Media Group

Market Cap: CN¥19.8b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.1b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

China Mobile

Market Cap: HK$1.8t

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.9b

Provides chemical supply chain solutions worldwide.

C&D International Investment Group

Market Cap: HK$36.6b

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.

Bethel Automotive Safety Systems

Market Cap: CN¥30.1b

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

IRB Infrastructure Developers

Market Cap: ₹248.1b

Engages in the infrastructure development business in India.

KH Neochem

Market Cap: JP¥87.5b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹178.4b

Produces and sells fertilizers primarily in India.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.0b

Manufactures and sells power distribution in China and internationally.