Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

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.

GWA Group

Market Cap: AU$653.1m

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

Grand Pharmaceutical Group

Market Cap: HK$28.6b

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.

China Pacific Insurance (Group)

Market Cap: CN¥324.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Adairs

Market Cap: AU$327.2m

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

Anker Innovations

Market Cap: CN¥57.9b

Develops and sells mobile charging products.

Guangdong Haid Group

Market Cap: CN¥90.3b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.3b

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

Huaqin Technology

Market Cap: CN¥90.7b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

China National Building Material

Market Cap: HK$40.5b

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

China Overseas Property Holdings

Market Cap: HK$16.2b

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

Aurelia Metals

Market Cap: AU$397.8m

Engages in the exploration and production of mineral properties in Australia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Aeris Resources

Market Cap: AU$528.6m

Explores, produces, and sells precious metals in Australia.

China Resources Land

Market Cap: HK$216.5b

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

Sinoma International EngineeringLtd

Market Cap: CN¥25.4b

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

Longfor Group Holdings

Market Cap: HK$70.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

Beijing New Building Materials

Market Cap: CN¥42.8b

Manufactures and sells building materials in China and internationally.

Acrow

Market Cap: AU$323.1m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

China Railway Group

Market Cap: CN¥127.1b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.6b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

China Mengniu Dairy

Market Cap: HK$58.4b

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

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.5b

Engages in the manufacture of pharmaceutical products in China.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.4b

Engages in the production and sales of coal in China.

Trajan Group Holdings

Market Cap: AU$102.2m

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.

Shenzhen Transsion Holdings

Market Cap: CN¥87.6b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.3b

Manufactures and sells steel structures and supporting products in China and internationally.

ConocoPhillips

Market Cap: €111.5b

Explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids.

Sword Group

Market Cap: €337.3m

Provides IT and software solutions.

lastminute.com

Market Cap: CHF 128.5m

Operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally.

Austevoll Seafood

Market Cap: NOK 17.8b

A seafood company, produces and sells salmon and trout, whitefish, and pelagic in Norway, the European Union, the United Kingdom, Eastern Europe, Africa, North America, Asia, and South America.

ARYZTA

Market Cap: CHF 1.3b

Provides products and services for in-store bakery solutions in Europe and internationally.

Prosegur Cash

Market Cap: €943.5m

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.

Cheniere Energy

Market Cap: €45.3b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.