Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

MC Group

Market Cap: ฿8.6b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥22.8b

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

True Corporation

Market Cap: ฿362.8b

Provides telecommunications and value-added services in Thailand.

Hu Lane Associate

Market Cap: NT$15.3b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

China Mobile

Market Cap: HK$1.9t

Provides telecommunications and information related services in Mainland China and Hong Kong.

Bank of China

Market Cap: HK$1.7t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

China Overseas Property Holdings

Market Cap: HK$16.1b

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

Assetwise

Market Cap: ฿4.9b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.2b

Beijing Urban Construction Investment & Development Co., Ltd.

Security Bank

Market Cap: ₱53.0b

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

Horizon Construction Development

Market Cap: HK$3.9b

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

KH Neochem

Market Cap: JP¥97.5b

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

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.5b

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.8b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.1b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Jinzai Food GroupLtd

Market Cap: CN¥5.3b

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

Luolai Lifestyle Technology

Market Cap: CN¥6.5b

Produces and sells home and hotel textiles, shoes, and hats in China.

China Resources Power Holdings

Market Cap: HK$91.0b

An investment holding company, invests in, develops, operates, and manages power plants and coal mines in the People’s Republic of China.

Emaar Properties PJSC

Market Cap: د.إ118.0b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$11.2b

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.

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Vardhman Textiles

Market Cap: ₹120.0b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Ping An Bank

Market Cap: CN¥221.2b

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

IPH

Market Cap: AU$957.0m

Provides intellectual property (IP) services and products.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Carlsberg

Market Cap: US$103.8b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥23.1b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Tsingtao Brewery

Market Cap: HK$85.0b

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

Indofood Sukses Makmur

Market Cap: Rp69.1t

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.3b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.8b

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

Aurora Design

Market Cap: ฿18.8b

Trades gold jewelry in Thailand.