Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Delta Air Lines

Market Cap: €38.2b

Provides scheduled air transportation for passengers and cargo in the United States and internationally.

Centurion

Market Cap: S$1.2b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp293.2t

Provides information and communications technology, and telecommunications network services worldwide.

IndiQube Spaces

Market Cap: ₹30.2b

Provides workplace solutions and value-added services in India.

Anker Innovations

Market Cap: CN¥52.9b

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

Longfor Group Holdings

Market Cap: HK$63.4b

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.

Vikram Solar

Market Cap: ₹66.1b

Manufactures and sells solar photovoltaic modules/systems in India and internationally.

NetEase

Market Cap: US$577.8b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

China Resources Land

Market Cap: HK$217.6b

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

Acrow

Market Cap: AU$267.9m

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

Indegene

Market Cap: ₹104.5b

Operates as a digital-first life sciences commercialization company in India, the United States, Europe, and internationally.

Geely Automobile Holdings

Market Cap: CN¥194.4b

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

ISOTeam

Market Cap: S$63.7m

Operates in the building maintenance and estate upgrading industry in Singapore.

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.

LHN

Market Cap: S$247.9m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

MC Group

Market Cap: ฿8.6b

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

Industrial Bank

Market Cap: CN¥398.5b

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

Sasseur Real Estate Investment Trust

Market Cap: S$803.1m

Invests in a portfolio of real estate and related assets.

Beijing New Building Materials

Market Cap: CN¥44.6b

Manufactures and sells building materials in China and internationally.

China Mobile

Market Cap: HK$1.8t

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

Hansen Technologies

Market Cap: AU$1.0b

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

China Aviation Oil (Singapore)

Market Cap: S$1.7b

Trades in and supplies jet fuel to civil aviation industry worldwide.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.9b

Operates as contract development and manufacturing organization (CDMO) company in China and internationally.

NSL Foods

Market Cap: ฿6.8b

Engages in the manufacture and distribution of bakery and snack products in Thailand.

Oceania Healthcare

Market Cap: AU$543.2m

Owns and operates retirement villages and care centres in New Zealand.

SILICON2

Market Cap: ₩2.2t

Engages in the distribution of cosmetics products worldwide.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.6b

Provides chemical supply chain solutions worldwide.

GPT Group

Market Cap: AU$8.9b

GPT is one of Australia’s leading property groups, with assets under management of $34.1 billion across a portfolio of high quality retail, office and logistics assets.

Aurelia Metals

Market Cap: AU$440.1m

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

Grand Pharmaceutical Group

Market Cap: HK$25.3b

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 Railway Group

Market Cap: CN¥134.6b

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

Far East Horizon

Market Cap: HK$34.0b

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

Canara Bank

Market Cap: ₹1.2t

Provides various banking products and services in India and internationally.

C&D International Investment Group

Market Cap: HK$31.7b

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.

Global Power Synergy

Market Cap: ฿91.6b

Engages in the production and distribution of electricity, steam, and water for industrial use to the government and industrial customers in Thailand.