Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

q.beyond

Market Cap: €92.7m

Engages in the cloud, applications, artificial intelligence (AI), and security business in Germany and internationally.

Sangoma Technologies

Market Cap: US$218.7m

Develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications in the United States of America and internationally.

BYD Electronic (International)

Market Cap: US$77.3b

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.

Hansen Technologies

Market Cap: AU$1.1b

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

Greentown China Holdings

Market Cap: HK$24.6b

Engages in the development for sale of residential properties in the People’s Republic of China.

China Railway Group

Market Cap: CN¥123.9b

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

Anker Innovations

Market Cap: CN¥56.3b

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

Adairs

Market Cap: AU$315.7m

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.1b

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

Assetwise

Market Cap: ฿5.4b

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

Innocean Worldwide

Market Cap: ₩750.0b

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

Srisawad Corporation

Market Cap: ฿41.4b

Provides financial services in Thailand and internationally.

Tianjin Ringpu Bio-TechnologyLtd

Market Cap: CN¥9.3b

Engages in the research and development, production, and sale of veterinary raw materials, drug preparation, functional additives, and veterinary biological products.

Greentown China Holdings

Market Cap: HK$24.6b

Engages in the development for sale of residential properties in the People’s Republic of China.

Grand Pharmaceutical Group

Market Cap: HK$27.4b

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.

Future

Market Cap: JP¥174.0b

Provides IT consulting and services primarily in Japan.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.2b

Provides chemical supply chain solutions worldwide.

China Mobile

Market Cap: HK$1.7t

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

Security Bank

Market Cap: ₱50.8b

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

Fosun International

Market Cap: HK$33.9b

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

Longfor Group Holdings

Market Cap: HK$66.8b

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.

Huaibei Mining HoldingsLtd

Market Cap: CN¥31.9b

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

Inspur Digital Enterprise Technology

Market Cap: HK$6.4b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

Geely Automobile Holdings

Market Cap: CN¥183.2b

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

Shenzhen Transsion Holdings

Market Cap: CN¥73.4b

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

Ping An Bank

Market Cap: CN¥213.3b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

REC

Market Cap: ₹951.5b

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

Emaar Properties PJSC

Market Cap: د.إ132.6b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Hansen Technologies

Market Cap: AU$1.1b

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

China Resources Land

Market Cap: HK$201.2b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥236.4b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.5b

Engages in the production and sales of coal in China.

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.

Anhui Expressway

Market Cap: CN¥22.7b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱112.2b

Converge Information and Communications Technology Solutions, Inc.