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.

Far East Horizon

Market Cap: HK$25.4b

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

Orica

Market Cap: AU$7.6b

Manufactures, distributes, and sells commercial blasting systems, explosives, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, Canada, the United States, and internationally.

Vedanta

Market Cap: ₹1.6t

A diversified natural resources company, explores, extracts, and processes minerals, and oil and gas in India, Europe, China, the United States, Mexico, and internationally.

Trajan Group Holdings

Market Cap: AU$115.0m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Sinopharm Group

Market Cap: HK$55.4b

Engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People’s Republic of China.

Ansell

Market Cap: AU$4.3b

Designs, sources, develops, manufactures, distributes, and sells hand and body protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America.

DFI Retail Group Holdings

Market Cap: US$3.3b

Operates as a retailer in Hong Kong, Mainland China, Macau, Taiwan, Singapore, Cambodia, Malaysia, Indonesia, and Brunei.

Anhui Conch Cement

Market Cap: US$136.5b

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

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.

Sasseur Real Estate Investment Trust

Market Cap: S$769.2m

Invests in a portfolio of real estate and related assets.

JNBY Design

Market Cap: HK$7.0b

Engages in the design, marketing, retail, and sale of fashion apparels, accessory products, and household goods in the People’s Republic of China and internationally.

First Resources

Market Cap: S$2.3b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

China Tower

Market Cap: HK$191.2b

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

Fujian Funeng

Market Cap: CN¥26.7b

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

Sunshine Insurance Group

Market Cap: HK$39.2b

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

Nido Education

Market Cap: AU$185.8m

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

Keppel Pacific Oak US REIT

Market Cap: US$187.0m

Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017.

Hubei Xingfa Chemicals Group

Market Cap: CN¥22.2b

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

Grand Pharmaceutical Group

Market Cap: HK$19.5b

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.

China Resources Power Holdings

Market Cap: HK$95.5b

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

Wus Printed Circuit (Kunshan)

Market Cap: CN¥50.7b

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

Shenzhen YHLO Biotech

Market Cap: CN¥8.5b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Collins Foods

Market Cap: AU$952.5m

Engages in the operation, management, and administration of restaurants in Australia and Europe.

Emaar Properties PJSC

Market Cap: د.إ107.4b

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

Ever Sunshine Services Group

Market Cap: HK$3.1b

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

L.G. Balakrishnan & Bros

Market Cap: ₹38.2b

Manufactures and sells transmission chains, sprockets, and metal formed parts for automotive and industrial applications in India and internationally.

Adaro Minerals Indonesia

Market Cap: Rp36.8t

Engages in metallurgical coal mining business in Indonesia.

CESC

Market Cap: ₹209.7b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

China Resources Land

Market Cap: HK$195.0b

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

Middle East Healthcare

Market Cap: ر.س6.0b

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: ₩809.1b

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