Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥49.6b

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

Tsingtao Brewery

Market Cap: HK$85.5b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥34.1b

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

Aurora Design

Market Cap: ฿18.9b

Trades gold jewelry in Thailand.

Vardhman Textiles

Market Cap: ₹120.6b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱87.5b

Converge Information and Communications Technology Solutions, Inc.

China Resources Land

Market Cap: HK$214.6b

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

Trajan Group Holdings

Market Cap: AU$114.4m

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.

Middle East Healthcare

Market Cap: ر.س5.2b

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

China Railway Group

Market Cap: CN¥127.4b

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

Binggrae

Market Cap: ₩682.6b

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

Micro-Star International

Market Cap: NT$98.8b

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

Carlsberg

Market Cap: US$103.4b

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

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

True Corporation

Market Cap: ฿369.7b

Provides telecommunications and value-added services in Thailand.

Hyosung TNC

Market Cap: ₩940.8b

Manufactures and sells fiber in South Korea and internationally.

REC

Market Cap: ₹1.0t

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

Haidilao International Holding

Market Cap: HK$71.2b

An investment holding company, engages in the restaurant operation and delivery businesses.

Ganyuan Foods

Market Cap: CN¥5.1b

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

C&D International Investment Group

Market Cap: HK$40.1b

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.

Chongqing Baiya Sanitary Products

Market Cap: CN¥11.6b

Chongqing Baiya Sanitary Products Co., Ltd.

China Overseas Property Holdings

Market Cap: HK$16.3b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.4b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Horizon Construction Development

Market Cap: HK$3.8b

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

Assetwise

Market Cap: ฿4.9b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥10.3b

Beijing Urban Construction Investment & Development Co., Ltd.

Hu Lane Associate

Market Cap: NT$15.4b

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

Bank of China

Market Cap: HK$1.7t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥8.7b

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

Sinoma International EngineeringLtd

Market Cap: CN¥22.9b

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

China Mengniu Dairy

Market Cap: HK$56.7b

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

Worley

Market Cap: AU$7.2b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Summerset Group Holdings

Market Cap: AU$2.6b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.