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.

Sansiri

Market Cap: ฿24.6b

Engages in the property development business in Thailand.

Bethel Automotive Safety Systems

Market Cap: CN¥28.3b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Jinzai Food GroupLtd

Market Cap: CN¥5.2b

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

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.

Innocean Worldwide

Market Cap: ₩697.6b

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

China Railway Group

Market Cap: CN¥132.9b

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

Security Bank

Market Cap: ₱51.7b

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

Centurion

Market Cap: S$1.2b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Guangdong Haid Group

Market Cap: CN¥93.9b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.1b

Beijing Urban Construction Investment & Development Co., Ltd.

Nido Education

Market Cap: AU$150.2m

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

Assetwise

Market Cap: ฿5.6b

Engages in property development and other real estate activities in Thailand.

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.

Proya CosmeticsLtd

Market Cap: CN¥30.2b

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

Sasseur Real Estate Investment Trust

Market Cap: S$879.1m

Invests in a portfolio of real estate and related assets.

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.

Binggrae

Market Cap: ₩636.6b

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

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.

Apeejay Surrendra Park Hotels

Market Cap: ₹31.6b

Owns and operates hotels in India.

Micro-Star International

Market Cap: NT$91.2b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

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.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Monash IVF Group

Market Cap: AU$270.8m

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

KH Neochem

Market Cap: JP¥97.0b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.2b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Bangchak Corporation

Market Cap: ฿41.0b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

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.

GWA Group

Market Cap: AU$649.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹195.3b

Produces and sells fertilizers primarily in India.

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.