Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$75.4b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of 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.

China Conch Venture Holdings

Market Cap: HK$17.7b

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

Cheerwin Group

Market Cap: HK$3.2b

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.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

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

Indofood Sukses Makmur

Market Cap: Rp58.8t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Anhui Expressway

Market Cap: CN¥22.8b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥9.3b

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

Sasseur Real Estate Investment Trust

Market Cap: S$872.8m

Invests in a portfolio of real estate and related assets.

Chambal Fertilisers and Chemicals

Market Cap: ₹168.5b

Produces and sells fertilizers primarily in India.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥236.2b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Srisawad Corporation

Market Cap: ฿41.5b

Provides financial services in Thailand and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.3b

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

Fosun International

Market Cap: HK$33.7b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

SILICON2

Market Cap: ₩2.9t

Engages in the distribution of cosmetics products worldwide.

Hansen Technologies

Market Cap: AU$1.1b

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

NetEase Cloud Music

Market Cap: HK$38.6b

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.

Security Bank

Market Cap: ₱50.2b

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

China South Publishing & Media Group

Market Cap: CN¥20.2b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Nido Education

Market Cap: AU$130.5m

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

Aeon (M) Bhd

Market Cap: RM 1.7b

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

China Railway Group

Market Cap: CN¥127.4b

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

Huaqin Technology

Market Cap: CN¥93.6b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

China Resources Land

Market Cap: HK$205.1b

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

Geely Automobile Holdings

Market Cap: CN¥182.6b

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

Inspur Digital Enterprise Technology

Market Cap: HK$6.6b

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$303.2m

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

Anker Innovations

Market Cap: CN¥57.8b

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

Ping An Bank

Market Cap: CN¥214.8b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

China Overseas Property Holdings

Market Cap: HK$16.0b

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

Horizon Construction Development

Market Cap: HK$3.5b

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

Industrial Bank

Market Cap: CN¥415.0b

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

Tsingtao Brewery

Market Cap: CN¥73.1b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.1b

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