Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Railway Group

Market Cap: CN¥139.0b

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

Grand Pharmaceutical Group

Market Cap: HK$25.1b

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.

Anker Innovations

Market Cap: CN¥51.9b

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

Shenzhen YHLO Biotech

Market Cap: CN¥8.2b

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp297.2t

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

Aux Electric

Market Cap: HK$16.6b

Engages in the manufacturing, sales, and marketing of air conditioners.

Fauji Cement

Market Cap: PK₨101.2b

Engages in the manufacturing and selling of various types of cement in Pakistan.

LHN

Market Cap: S$254.3m

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

IndiQube Spaces

Market Cap: ₹33.9b

Provides workplace solutions and value-added services in India.

China Construction Bank

Market Cap: HK$2.1t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Challenger

Market Cap: AU$5.2b

A publicly owned investment manager.

Centurion

Market Cap: S$1.2b

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

Xiamen C&D

Market Cap: CN¥26.8b

Engages in the supply chain and real estate development businesses in China and internationally.

Trajan Group Holdings

Market Cap: AU$75.5m

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.

Metcash

Market Cap: AU$3.3b

Operates as a wholesale distribution and marketing company in Australia.

Lucky Harvest

Market Cap: CN¥9.0b

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

Hoa Phat Group

Market Cap: ₫210.3t

Produces and sells steel products in Vietnam.

Indofood Sukses Makmur

Market Cap: Rp52.9t

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥14.8b

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

REC

Market Cap: ₹877.0b

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

GWA Group

Market Cap: AU$587.0m

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

Global Power Synergy

Market Cap: ฿94.5b

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

Industrial Bank

Market Cap: CN¥396.0b

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

Geely Automobile Holdings

Market Cap: CN¥187.6b

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$8.2b

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

Guangdong Haid Group

Market Cap: CN¥91.2b

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

Qoria

Market Cap: AU$436.7m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

Aeris Resources

Market Cap: AU$592.6m

Explores, produces, and sells precious metals in Australia.

China Mobile

Market Cap: HK$1.7t

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

Beijing New Building Materials

Market Cap: CN¥46.3b

Manufactures and sells building materials in China and internationally.

China Mengniu Dairy

Market Cap: HK$62.2b

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

Ganyuan Foods

Market Cap: CN¥4.9b

Engages in the research and development, production, and sales of snack foods in China.

SILICON2

Market Cap: ₩2.3t

Engages in the distribution of cosmetics products worldwide.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.