Global Potentially Undervalued Companies

Carrefour

Market Cap: €12.6b

Operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia.

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.

Apeloa PharmaceuticalLtd

Market Cap: CN¥15.5b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Anhui HeliLtd

Market Cap: CN¥13.9b

Engages in the manufacture and sale of industrial vehicles in the People’s Republic of China.

China Tower

Market Cap: HK$192.3b

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

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Sao Ta Foods

Market Cap: ₫2.2t

Engages in farming, processing, and preserving aquatic products.

Vietnam International Commercial Bank

Market Cap: ₫54.2t

Provides banking products and services to organizations and individuals.

Wus Printed Circuit (Kunshan)

Market Cap: CN¥50.7b

Engages in the research, development, design, manufacture, and sale of printed circuit boards in China.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥21.8b

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

Anhui Conch Cement

Market Cap: US$136.3b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

Far East Horizon

Market Cap: HK$25.6b

Provides various financial services in Mainland China, Hong Kong, and internationally.

SKP Resources Bhd

Market Cap: RM 1.2b

An investment holding company, manufactures and sells electrical and electronic plastic products primarily in Malaysia.

China Everbright Environment Group

Market Cap: HK$20.9b

An investment holding company, provides environmental solutions worldwide.

Emaar Properties PJSC

Market Cap: د.إ108.7b

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

AME Elite Consortium Berhad

Market Cap: RM 971.4m

An investment holding company, engages in the design, development, and construction of manufacturing plants and industrial parks in Malaysia.

CITIC

Market Cap: HK$257.2b

Operates in financial services, advanced intelligent manufacturing, advanced materials, consumption, urbanization, resources and energy, and engineering contracting businesses worldwide.

COSCO SHIPPING Ports

Market Cap: HK$15.3b

An investment holding company, manages and operates ports and terminals in Mainland China, Hong Kong, Europe, and internationally.

China Resources Land

Market Cap: HK$191.1b

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

Adairs

Market Cap: AU$374.6m

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

China Overseas Property Holdings

Market Cap: HK$17.2b

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

Jiangshan Oupai Door Industry

Market Cap: CN¥2.5b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

Middle East Healthcare

Market Cap: ر.س5.9b

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

LX Semicon

Market Cap: ₩813.2b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$763.0m

Invests in a portfolio of real estate and related assets.

China National Building Material

Market Cap: HK$30.5b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥7.7b

Provides chemical supply chain solutions in China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.5b

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

Beijing New Building Materials

Market Cap: CN¥49.2b

Manufactures and sells building materials in China and internationally.

Sunshine Insurance Group

Market Cap: HK$38.6b

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

China Resources Power Holdings

Market Cap: HK$95.8b

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

Ever Sunshine Services Group

Market Cap: HK$3.0b

An investment holding company, provides property management services in the People's Republic of China.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.2b

Develops, produces, and sells phosphorus-based chemicals in China and internationally.

Cahya Mata Sarawak Berhad

Market Cap: RM 983.3m

An investment holding company, engages in the manufacture and trading of cement and construction materials, construction, road maintenance, township, and property and infrastructure development businesses in Malaysia and internationally.

Fujian Funeng

Market Cap: CN¥27.1b

Engages in the production and sale of electricity and heat in China.