Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$77.0b

An investment holding company, primarily engages in the design, manufacture, assembly, and sale of mobile handset components, modules, and other products in the People’s Republic of China and internationally.

China Mobile

Market Cap: HK$1.8t

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

China Resources Land

Market Cap: HK$212.5b

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

IRB Infrastructure Developers

Market Cap: ₹248.3b

Engages in the infrastructure development business in India.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.8b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.5b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥227.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

China Mengniu Dairy

Market Cap: HK$63.2b

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

Future

Market Cap: JP¥169.1b

Provides IT consulting and services primarily in Japan.

Security Bank

Market Cap: ₱50.5b

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

Hansen Technologies

Market Cap: AU$1.1b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹176.8b

Produces and sells fertilizers primarily in India.

Sichuan Baicha Baidao Industrial

Market Cap: HK$9.6b

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

Huaqin Technology

Market Cap: CN¥89.1b

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

Innocean Worldwide

Market Cap: ₩749.6b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥40.2b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥16.2b

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

JVM

Market Cap: ₩294.3b

Develops and sells automation systems and software of dispensing, packaging, and medication management for hospitals and pharmacies worldwide.

Hu Lane Associate

Market Cap: NT$14.6b

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

Adairs

Market Cap: AU$312.1m

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

Anker Innovations

Market Cap: CN¥53.9b

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

China Railway Group

Market Cap: CN¥135.8b

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

Lucky Harvest

Market Cap: CN¥9.6b

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

MCNEX

Market Cap: ₩485.1b

Manufactures and sells camera modules in South Korea and internationally.

Assetwise

Market Cap: ฿5.4b

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

C&D International Investment Group

Market Cap: HK$34.8b

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.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

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

DUG Technology

Market Cap: AU$250.0m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Aurelia Metals

Market Cap: AU$583.9m

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

Huali Industrial Group

Market Cap: CN¥56.7b

Engages in the design, development, production, and sale of sports shoes in China and internationally.

SKP Resources Bhd

Market Cap: RM 968.7m

Provides electronics manufacturing services (EMS) in Malaysia.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

F&F

Market Cap: ₩2.6t

Manufactures and sells apparel and accessories in South Korea.

Horizon Construction Development

Market Cap: HK$3.3b

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

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing solutions worldwide.