Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Tsingtao Brewery

Market Cap: HK$87.2b

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

China National Building Material

Market Cap: HK$26.4b

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.2b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.5b

Produces and sells seasoning products in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Sunshine Insurance Group

Market Cap: HK$34.8b

Provides various insurance products and related services in the People’s Republic of China.

GE HealthCare Technologies

Market Cap: €32.9b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Oceania Healthcare

Market Cap: AU$449.0m

Owns and operates retirement villages and care centres in New Zealand.

Shenzhen Transsion Holdings

Market Cap: CN¥89.3b

Manufactures and sells smart devices in Africa and internationally.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Hualan Biological Engineering

Market Cap: CN¥28.3b

A biopharmaceutical company, researches, develops, produces, and commercializes blood products, vaccines, and recombinant proteins in China and internationally.

Longfor Group Holdings

Market Cap: HK$64.9b

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.

Beijing New Building Materials

Market Cap: CN¥43.6b

Manufactures and sells building materials in China and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.4b

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

Middle East Healthcare

Market Cap: ر.س4.7b

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

Adaro Minerals Indonesia

Market Cap: Rp41.1t

Engages in metallurgical coal mining business in Indonesia.

Proya CosmeticsLtd

Market Cap: CN¥31.9b

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

China Overseas Property Holdings

Market Cap: HK$17.3b

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

Ganyuan Foods

Market Cap: CN¥5.5b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥11.8b

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

Sinoma International EngineeringLtd

Market Cap: CN¥21.9b

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

China Resources Land

Market Cap: HK$190.4b

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

China Tower

Market Cap: HK$198.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Luxi Chemical Group

Market Cap: CN¥19.4b

Manufactures and sells chemical and fertilizer products.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥20.8b

ShenZhen YUTO Packaging Technology Co., Ltd.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.8b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.1b

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.

ANE (Cayman)

Market Cap: HK$8.8b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Acrow

Market Cap: AU$301.8m

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

Trajan Group Holdings

Market Cap: AU$111.2m

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp266.5t

Provides information and communications technology, and telecommunications network services worldwide.

Xiamen C&D

Market Cap: CN¥28.8b

Engages in the supply chain and real estate development businesses in China and internationally.

PORR

Market Cap: €1.0b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Taylor Morrison Home

Market Cap: €5.8b

Operates as a land developer and homebuilder in the United States.