Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥80.4b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.2b

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

Trajan Group Holdings

Market Cap: AU$102.2m

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.

Vieworks

Market Cap: ₩186.2b

Develops, manufactures, and sells imaging systems and solutions.

NetEase Cloud Music

Market Cap: HK$40.4b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Acrow

Market Cap: AU$327.8m

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

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

Binggrae

Market Cap: ₩658.7b

Engages in production and sale of dairy products in South Korea and internationally.

Haidilao International Holding

Market Cap: HK$78.1b

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$209.8b

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

True Corporation

Market Cap: ฿376.6b

Provides telecommunications and value-added services in Thailand.

IRB Infrastructure Developers

Market Cap: ₹259.5b

Engages in the infrastructure development business in India.

China Railway Group

Market Cap: CN¥127.0b

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

Longfor Group Holdings

Market Cap: HK$69.1b

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.

China Overseas Property Holdings

Market Cap: HK$16.1b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

C&D International Investment Group

Market Cap: HK$36.9b

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.

China National Building Material

Market Cap: HK$40.3b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Aurelia Metals

Market Cap: AU$414.7m

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥32.3b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Horizon Construction Development

Market Cap: HK$3.6b

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

REC

Market Cap: ₹922.4b

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

Bethel Automotive Safety Systems

Market Cap: CN¥27.5b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥46.0b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

Huaqin Technology

Market Cap: CN¥89.6b

Engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide.

Aeris Resources

Market Cap: AU$563.1m

Explores, produces, and sells precious metals in Australia.

China Pacific Insurance (Group)

Market Cap: CN¥318.5b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Adairs

Market Cap: AU$327.2m

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

Emaar Properties PJSC

Market Cap: د.إ119.8b

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

Indofood Sukses Makmur

Market Cap: Rp61.9t

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

Assetwise

Market Cap: ฿5.4b

Engages in property development and other real estate activities in Thailand.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Anker Innovations

Market Cap: CN¥59.0b

Develops and sells mobile charging products.

Beijing New Building Materials

Market Cap: CN¥42.3b

Manufactures and sells building materials in China and internationally.