Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Mobile

Market Cap: HK$1.7t

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

Horizon Construction Development

Market Cap: HK$3.1b

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

China Mengniu Dairy

Market Cap: HK$67.0b

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

Cheerwin Group

Market Cap: HK$3.2b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

Aurelia Metals

Market Cap: AU$533.2m

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

LHN

Market Cap: S$299.2m

An investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia.

Industrial Bank

Market Cap: CN¥399.1b

Provides banking products and services in the People’s Republic of China.

China Tower

Market Cap: HK$195.4b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

Lucky Harvest

Market Cap: CN¥9.2b

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

Indofood Sukses Makmur

Market Cap: Rp58.8t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally.

Acrow

Market Cap: AU$325.6m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.5b

Engages in the research, development, manufacturing, and sale of invasive medical devices in China and internationally.

Innocean Worldwide

Market Cap: ₩800.0b

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

Hansen Technologies

Market Cap: AU$959.9m

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥41.0b

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

ARN Media

Market Cap: AU$115.0m

Operates as a media and entertainment company in Australia and Hong Kong.

Inspur Digital Enterprise Technology

Market Cap: HK$5.2b

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¥183.4b

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

Trajan Group Holdings

Market Cap: AU$101.4m

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.

Bethel Automotive Safety Systems

Market Cap: CN¥30.8b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Grand Pharmaceutical Group

Market Cap: HK$27.2b

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.

REC

Market Cap: ₹932.0b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.4b

Provides chemical supply chain solutions worldwide.

Hu Lane Associate

Market Cap: NT$13.4b

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

Bank BTPN Syariah

Market Cap: Rp9.4t

Provides various banking products and services in Indonesia.

Hoa Phat Group

Market Cap: ₫206.1t

Produces and sells steel products in Vietnam.

Anhui Expressway

Market Cap: CN¥23.4b

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

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥15.8b

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

Adairs

Market Cap: AU$328.1m

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

China Railway Group

Market Cap: CN¥128.8b

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

IRB Infrastructure Developers

Market Cap: ₹268.3b

Engages in the infrastructure development business in India.

Aeris Resources

Market Cap: AU$649.3m

Explores, produces, and sells precious metals in Australia.

Fosun International

Market Cap: HK$33.5b

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

Guangdong Haid Group

Market Cap: CN¥90.3b

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