Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.6b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Longfor Group Holdings

Market Cap: HK$68.5b

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.

First Resources

Market Cap: S$2.2b

An investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, Malaysia, and internationally.

Innocean Worldwide

Market Cap: ₩748.8b

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

Hyosung TNC

Market Cap: ₩1.1t

Manufactures and sells fiber in South Korea and internationally.

Goldwind Science&Technology

Market Cap: CN¥36.6b

Provides wind power solutions in China and internationally.

MC Group

Market Cap: ฿7.8b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥28.3b

Provides real estate development services in China.

Aeon (M) Bhd

Market Cap: RM 2.0b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Konica Minolta

Market Cap: JP¥216.5b

Engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally.

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥20.5b

Engages in the research and development, manufacturing, and sale of various thermal management and exhaust gas post-treatment products.

Beijing New Building Materials

Market Cap: CN¥47.7b

Manufactures and sells building materials in China and internationally.

Ganyuan Foods

Market Cap: CN¥6.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

DUG Technology

Market Cap: AU$178.4m

Dug Technology Ltd, 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.

Vietnam International Commercial Bank

Market Cap: ₫53.2t

Provides banking products and services to organizations and individuals.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.0b

Beijing Urban Construction Investment & Development Co., Ltd.

Chengdu Hongqi ChainLtd

Market Cap: CN¥7.4b

Operates a chain of convenience supermarkets in China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.4b

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

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.2b

Designs, develops, manufactures, sells, and supplies auto parts in China.

MCNEX

Market Cap: ₩448.8b

Manufactures and sells camera modules in South Korea and internationally.

Nissui

Market Cap: JP¥259.1b

Engages in marine, food products, fine chemicals, distribution, and marine-related/engineering businesses in Japan and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥34.3b

Primarily engages in coal mining, washing, processing, sales, and storage business in China.

CapitaLand Malaysia Trust

Market Cap: RM 1.9b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Sunshine Insurance Group

Market Cap: HK$37.3b

Provides various insurance products and related services in the People’s Republic of China.

Proya CosmeticsLtd

Market Cap: CN¥33.7b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Indorama Ventures

Market Cap: ฿114.0b

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

Trajan Group Holdings

Market Cap: AU$110.5m

Develops, manufactures, sells, and distributes analytical and life science products and devices in Australia, New Zealand, Malaysia, Japan, the United States, Europe, the Middle East, Africa, and India.

Luxi Chemical Group

Market Cap: CN¥20.6b

Manufactures and sells chemical and fertilizer products.

Vieworks

Market Cap: ₩200.7b

Develops, manufactures, and sells imaging systems and solutions.

China Resources Land

Market Cap: HK$191.1b

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

Baoxiniao Holding

Market Cap: CN¥5.6b

Engages in the research and development, production, and sale of branded men and women clothing products in China.

Hu Lane Associate

Market Cap: NT$15.2b

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