Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Security Bank

Market Cap: ₱51.2b

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

Cheerwin Group

Market Cap: HK$3.3b

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.

Aeon (M) Bhd

Market Cap: RM 1.5b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.3b

Provides chemical supply chain solutions worldwide.

China Mengniu Dairy

Market Cap: HK$60.0b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.1b

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

China Everbright Environment Group

Market Cap: HK$29.2b

An investment holding company, provides environmental solutions worldwide.

China Construction Bank

Market Cap: HK$2.1t

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.

Chambal Fertilisers and Chemicals

Market Cap: ₹176.3b

Produces and sells fertilizers primarily in India.

SILICON2

Market Cap: ₩2.6t

Engages in the distribution of cosmetics products worldwide.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥243.3b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Hansen Technologies

Market Cap: AU$1.1b

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

Guangdong Haid Group

Market Cap: CN¥87.8b

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

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥9.1b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

Chongqing Baiya Sanitary Products

Market Cap: CN¥8.9b

Chongqing Baiya Sanitary Products Co., Ltd.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.5b

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

Innocean Worldwide

Market Cap: ₩739.6b

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

Horizon Construction Development

Market Cap: HK$3.4b

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

Vieworks

Market Cap: ₩167.3b

Develops, manufactures, and sells imaging systems and solutions.

Industrial Bank

Market Cap: CN¥425.0b

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

Tsingtao Brewery

Market Cap: CN¥72.4b

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

DUG Technology

Market Cap: AU$297.9m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Grand Pharmaceutical Group

Market Cap: HK$27.3b

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.

Binggrae

Market Cap: ₩676.4b

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

Emaar Properties PJSC

Market Cap: د.إ127.7b

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

REC

Market Cap: ₹976.9b

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

China Mobile

Market Cap: HK$1.8t

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

Trajan Group Holdings

Market Cap: AU$107.5m

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.

Inspur Digital Enterprise Technology

Market Cap: HK$7.1b

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.

Adairs

Market Cap: AU$333.4m

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

Anker Innovations

Market Cap: CN¥59.4b

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

Geely Automobile Holdings

Market Cap: CN¥186.7b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.3b

Provides chemical supply chain solutions worldwide.

LX Semicon

Market Cap: ₩831.1b

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