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: €1.8b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

Anker Innovations

Market Cap: CN¥55.7b

Develops and sells mobile charging products.

Adairs

Market Cap: AU$318.3m

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

Emaar Properties PJSC

Market Cap: د.إ116.7b

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

Sinoma International EngineeringLtd

Market Cap: CN¥23.8b

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

Binggrae

Market Cap: ₩663.1b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.9b

Manufactures and sells steel structures and supporting products in China and internationally.

Huaqin Technology

Market Cap: CN¥87.3b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Innocean Worldwide

Market Cap: ₩719.6b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.9b

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

China Resources Land

Market Cap: HK$209.1b

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

NetEase Cloud Music

Market Cap: HK$42.9b

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.

Guangdong Haid Group

Market Cap: CN¥97.0b

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

Haidilao International Holding

Market Cap: HK$75.0b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

China Conch Venture Holdings

Market Cap: HK$18.3b

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

C&D International Investment Group

Market Cap: HK$36.8b

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.9b

Beijing Urban Construction Investment & Development Co., Ltd.

Security Bank

Market Cap: ₱51.3b

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

WemadeLtd

Market Cap: ₩855.5b

Develops and publishes games in South Korea and internationally.

Sanwa Holdings

Market Cap: JP¥817.3b

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

LX Semicon

Market Cap: ₩819.7b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.2b

Provides chemical supply chain solutions worldwide.

KH Neochem

Market Cap: JP¥81.3b

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

Beijing New Building Materials

Market Cap: CN¥40.7b

Manufactures and sells building materials in China and internationally.

China Mengniu Dairy

Market Cap: HK$57.3b

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

Longfor Group Holdings

Market Cap: HK$68.7b

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.

ASUSTeK Computer

Market Cap: NT$420.4b

Researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.8b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Huaibei Mining HoldingsLtd

Market Cap: CN¥35.5b

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

Acrow

Market Cap: AU$324.7m

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

National Medical Care

Market Cap: ر.س6.8b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Monash IVF Group

Market Cap: AU$229.9m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥34.9b

Manufactures and sells power distribution in China and internationally.

Nido Education

Market Cap: AU$129.9m

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

Gourmet Master

Market Cap: NT$10.8b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.