Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Geely Automobile Holdings

Market Cap: CN¥179.6b

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

IRB Infrastructure Developers

Market Cap: ₹266.7b

Engages in the infrastructure development business in India.

China Mobile

Market Cap: HK$1.7t

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

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.

Middle East Healthcare

Market Cap: ر.س3.1b

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

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 Mengniu Dairy

Market Cap: HK$67.8b

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

REC

Market Cap: ₹947.7b

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

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.

Hansen Technologies

Market Cap: AU$941.5m

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

Industrial Bank

Market Cap: CN¥399.6b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.3b

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

China Tower

Market Cap: HK$188.4b

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

Hu Lane Associate

Market Cap: NT$13.4b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.7b

Provides container shipping services in China.

Acrow

Market Cap: AU$317.8m

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

Hoa Phat Group

Market Cap: ₫205.3t

Produces and sells steel products in Vietnam.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.9b

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

Anhui Expressway

Market Cap: CN¥23.1b

Engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China.

Aurelia Metals

Market Cap: AU$516.2m

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Fosun International

Market Cap: HK$32.1b

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

Indofood Sukses Makmur

Market Cap: Rp59.9t

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

Adairs

Market Cap: AU$326.3m

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

China Railway Group

Market Cap: CN¥129.3b

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

NetEase

Market Cap: US$606.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Haiki+

Market Cap: €74.6m

Engages in the treatment, management, and valorization of waste in Italy.

Hollywood Bowl Group

Market Cap: UK£442.2m

Operates ten-pin bowling and mini-golf centers in the United Kingdom and Canada.

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.

NetEase Cloud Music

Market Cap: HK$37.5b

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.

LHN

Market Cap: S$288.5m

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

Ventura Offshore Holding

Market Cap: NOK 2.5b

A deep-water drilling contractor, provides offshore drilling services to the oil and gas industry in Brazil and internationally.

74Software

Market Cap: €878.0m

Operates as a software company in France.

Wesdome Gold Mines

Market Cap: €3.2b

Wesdome Gold Mines Ltd. mines, develops, and explores for gold and silver deposits in Canada.

GFT Technologies

Market Cap: €493.4m

Provides digital transformation services.