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: €317.5b

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

IPH

Market Cap: AU$996.2m

Provides intellectual property (IP) services and products.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.3b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.2b

Beijing Urban Construction Investment & Development Co., Ltd.

Guangdong Haid Group

Market Cap: CN¥95.5b

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

Security Bank

Market Cap: ₱52.7b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥250.3b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Raydium Semiconductor

Market Cap: NT$18.6b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥84.7b

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

WemadeLtd

Market Cap: ₩929.7b

Develops and publishes games in South Korea and internationally.

REC

Market Cap: ₹976.0b

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

Anker Innovations

Market Cap: CN¥60.1b

Develops and sells mobile charging products.

Tenaga Nasional Berhad

Market Cap: RM 77.5b

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

Beijing New Building Materials

Market Cap: CN¥40.3b

Manufactures and sells building materials in China and internationally.

Carlsberg

Market Cap: US$107.0b

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

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.

Horizon Construction Development

Market Cap: HK$3.7b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.1b

Provides chemical supply chain solutions worldwide.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.1b

Provides chemical supply chain solutions worldwide.

Indorama Ventures

Market Cap: ฿101.1b

Manufactures and distributes petrochemical products in Thailand, the United States, Brazil, and internationally.

Micro-Star International

Market Cap: NT$88.3b

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

China Conch Venture Holdings

Market Cap: HK$17.0b

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

National Medical Care

Market Cap: ر.س7.2b

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

C&D International Investment Group

Market Cap: HK$35.1b

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.

Apeejay Surrendra Park Hotels

Market Cap: ₹31.6b

Owns and operates hotels in India.

Centurion

Market Cap: S$1.2b

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

China Overseas Property Holdings

Market Cap: HK$15.9b

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Aeris Resources

Market Cap: AU$451.7m

Explores, produces, and sells precious metals in Australia.

Adairs

Market Cap: AU$352.0m

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

Converge Information and Communications Technology Solutions

Market Cap: ₱90.5b

Converge Information and Communications Technology Solutions, Inc.

China South Publishing & Media Group

Market Cap: CN¥21.9b

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