Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

ICG

Market Cap: UK£5.9b

A private equity firm specializing in direct and fund of fund investments.

China National Building Material

Market Cap: HK$38.9b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.1b

Provides container shipping services in China.

Hoa Phat Group

Market Cap: ₫202.6t

Produces and sells steel products in Vietnam.

Hansen Technologies

Market Cap: AU$1.1b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥22.0b

Engages in the production and sales of coal in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.3b

Manufactures and sells power distribution in China and internationally.

China Mengniu Dairy

Market Cap: HK$57.8b

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

Huali Industrial Group

Market Cap: CN¥58.6b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.6b

Engages in the manufacture of pharmaceutical products in China.

Nido Education

Market Cap: AU$135.5m

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

China Overseas Property Holdings

Market Cap: HK$14.8b

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

DUG Technology

Market Cap: AU$296.6m

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.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

Adairs

Market Cap: AU$313.0m

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.5b

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.

C&D International Investment Group

Market Cap: HK$35.1b

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.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.8b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

Tsingtao Brewery

Market Cap: CN¥72.1b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.8b

Provides chemical supply chain solutions worldwide.

China Resources Land

Market Cap: HK$194.0b

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

Trajan Group Holdings

Market Cap: AU$106.8m

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.7b

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

ARN Media

Market Cap: AU$123.7m

Operates as a media and entertainment company in Australia and Hong Kong.

Hansen Technologies

Market Cap: AU$1.1b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.0b

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

Huaqin Technology

Market Cap: CN¥91.9b

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

Lucky Harvest

Market Cap: CN¥10.8b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Sinoma International EngineeringLtd

Market Cap: CN¥27.2b

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

Bethel Automotive Safety Systems

Market Cap: CN¥31.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥27.2b

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

Beijing New Building Materials

Market Cap: CN¥42.5b

Manufactures and sells building materials in China and internationally.

Middle East Healthcare

Market Cap: ر.س3.0b

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

Bear Electric ApplianceLtd

Market Cap: CN¥6.6b

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