Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

GE HealthCare Technologies

Market Cap: €33.4b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

BYD Electronic (International)

Market Cap: US$79.8b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

Carlsberg

Market Cap: US$110.8b

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

Axalta Coating Systems

Market Cap: US$6.2b

Through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Hyosung TNC

Market Cap: ₩958.1b

Manufactures and sells fiber in South Korea and internationally.

WemadeLtd

Market Cap: ₩983.7b

Develops and publishes games in South Korea and internationally.

Anker Innovations

Market Cap: CN¥58.8b

Develops and sells mobile charging products.

Aurelia Metals

Market Cap: AU$397.8m

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

Lion

Market Cap: JP¥430.6b

Manufactures and sells consumer and industrial products in Japan and internationally.

Tenaga Nasional Berhad

Market Cap: RM 78.1b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

DUG Technology

Market Cap: AU$291.8m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.8b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Hoa Phat Group

Market Cap: ₫207.2t

Produces and sells steel products in Vietnam.

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.

Hu Lane Associate

Market Cap: NT$15.8b

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

Haidilao International Holding

Market Cap: HK$77.8b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

China Resources Land

Market Cap: HK$218.9b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱90.7b

Converge Information and Communications Technology Solutions, Inc.

Gourmet Master

Market Cap: NT$12.1b

Operates and franchises chain stores in China, Taiwan, Hong Kong, the United States, and internationally.

Chongqing Baiya Sanitary Products

Market Cap: CN¥9.6b

Chongqing Baiya Sanitary Products Co., Ltd.

Adairs

Market Cap: AU$333.4m

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

China Conch Venture Holdings

Market Cap: HK$19.6b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

C&D International Investment Group

Market Cap: HK$37.8b

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.

Aurelia Metals

Market Cap: AU$397.8m

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

Shofu

Market Cap: JP¥66.2b

Manufactures and sells dental materials and equipment worldwide.

Cheerwin Group

Market Cap: HK$3.1b

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.

China South Publishing & Media Group

Market Cap: CN¥21.9b

Engages in publishing, printing, distribution, media, and financing businesses in China.

National Medical Care

Market Cap: ر.س7.1b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

LX Semicon

Market Cap: ₩855.5b

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

Micro-Star International

Market Cap: NT$92.9b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

MCNEX

Market Cap: ₩453.2b

Manufactures and sells camera modules in South Korea and internationally.

Security Bank

Market Cap: ₱51.4b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.4b

Beijing Urban Construction Investment & Development Co., Ltd.

China Railway Group

Market Cap: CN¥132.3b

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