Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Kuaishou Technology

Market Cap: €301.6b

An investment holding company, provides live streaming, online marketing, and other services in the People’s Republic of China.

Ernst Russ

Market Cap: €245.3m

A publicly owned investment manager.

q.beyond

Market Cap: €98.9m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Inspur Digital Enterprise Technology

Market Cap: HK$5.4b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Hansen Technologies

Market Cap: AU$937.4m

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

Geely Automobile Holdings

Market Cap: CN¥178.6b

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

Guangdong Haid Group

Market Cap: CN¥89.4b

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

China Railway Group

Market Cap: CN¥127.8b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.9b

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

China Mobile

Market Cap: HK$1.7t

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

Middle East Healthcare

Market Cap: ر.س3.2b

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

Fosun International

Market Cap: HK$33.0b

Operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally.

China Mengniu Dairy

Market Cap: HK$67.0b

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

SILICON2

Market Cap: ₩2.7t

Engages in the distribution of cosmetics products worldwide.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Adairs

Market Cap: AU$324.5m

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

Horizon Construction Development

Market Cap: HK$3.2b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

C&D International Investment Group

Market Cap: HK$35.8b

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.

Trajan Group Holdings

Market Cap: AU$99.2m

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.

Lucky Harvest

Market Cap: CN¥9.2b

Engages in the research, development, production, and sale of precision stamping dies and structural metal parts in China.

Grand Pharmaceutical Group

Market Cap: HK$27.7b

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.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.7b

Provides container shipping services in China.

REC

Market Cap: ₹936.9b

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Acrow

Market Cap: AU$325.6m

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

Aeris Resources

Market Cap: AU$626.3m

Explores, produces, and sells precious metals in Australia.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.4b

Provides chemical supply chain solutions worldwide.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.4b

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

Aurelia Metals

Market Cap: AU$524.7m

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Indofood Sukses Makmur

Market Cap: Rp60.6t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

LHN

Market Cap: S$294.9m

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

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.

Future

Market Cap: JP¥165.7b

Provides IT consulting and services primarily in Japan.

IRB Infrastructure Developers

Market Cap: ₹267.8b

Engages in the infrastructure development business in India.

China Conch Venture Holdings

Market Cap: HK$19.9b

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