Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.9b

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.

Haidilao International Holding

Market Cap: HK$72.7b

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

China Railway Group

Market Cap: CN¥132.9b

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

Guangdong Haid Group

Market Cap: CN¥93.9b

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

Proya CosmeticsLtd

Market Cap: CN¥30.2b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Inspur Digital Enterprise Technology

Market Cap: HK$9.1b

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.

IPH

Market Cap: AU$972.7m

Provides intellectual property (IP) services and products.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.4b

Engages in the research and development, production, and sale of Chinese patent medicines and health foods in Mainland China.

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.

Aurelia Metals

Market Cap: AU$389.3m

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

Grand Pharmaceutical Group

Market Cap: HK$28.5b

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.

Monash IVF Group

Market Cap: AU$270.8m

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

Cheerwin Group

Market Cap: HK$3.0b

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.

China Conch Venture Holdings

Market Cap: HK$17.6b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.2b

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

Trajan Group Holdings

Market Cap: AU$122.0m

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.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺32.0b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Horizon Construction Development

Market Cap: HK$3.7b

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

China Mengniu Dairy

Market Cap: HK$55.9b

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

Shenzhen Transsion Holdings

Market Cap: CN¥86.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Anhui Conch Cement

Market Cap: CN¥121.1b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Resources Land

Market Cap: HK$207.1b

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

Industrial Bank

Market Cap: CN¥432.1b

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

Adairs

Market Cap: AU$372.4m

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

Beijing New Building Materials

Market Cap: CN¥39.8b

Manufactures and sells building materials in China and internationally.

Middle East Healthcare

Market Cap: ر.س4.8b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

BOC Aviation

Market Cap: HK$47.8b

Operates as an aircraft operating leasing company in Mainland China, Hong Kong, Macau, Taiwan, rest of the Asia Pacific, the Americas, Europe, the Middle East, and Africa.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.4b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Stanmore Resources

Market Cap: AU$1.8b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Sinoma International EngineeringLtd

Market Cap: CN¥25.2b

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

Ganyuan Foods

Market Cap: CN¥5.0b

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

Eiffage

Market Cap: €10.4b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Sulzer

Market Cap: CHF 4.5b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.