Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Shenzhen Transsion Holdings

Market Cap: CN¥80.4b

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

China Resources Land

Market Cap: HK$209.8b

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

Acrow

Market Cap: AU$327.8m

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

China Railway Group

Market Cap: CN¥127.0b

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

Longfor Group Holdings

Market Cap: HK$69.1b

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.

China National Building Material

Market Cap: HK$40.3b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Aurelia Metals

Market Cap: AU$414.7m

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

China Overseas Property Holdings

Market Cap: HK$16.1b

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

C&D International Investment Group

Market Cap: HK$36.9b

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.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.2b

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

Trajan Group Holdings

Market Cap: AU$102.2m

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.

NetEase Cloud Music

Market Cap: HK$40.4b

An investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People’s Republic of China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.5b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.4b

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.

Aeris Resources

Market Cap: AU$563.1m

Explores, produces, and sells precious metals in Australia.

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.2b

Engages in the production and sales of coal in China.

China Pacific Insurance (Group)

Market Cap: CN¥318.5b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Adairs

Market Cap: AU$327.2m

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

Huaqin Technology

Market Cap: CN¥89.6b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.5b

Provides chemical supply chain solutions worldwide.

China Construction Bank

Market Cap: HK$2.1t

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.

Guangdong Haid Group

Market Cap: CN¥90.8b

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

Beijing New Building Materials

Market Cap: CN¥42.3b

Manufactures and sells building materials in China and internationally.

China Mengniu Dairy

Market Cap: HK$57.4b

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.2b

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

Anker Innovations

Market Cap: CN¥59.0b

Develops and sells mobile charging products.

GWA Group

Market Cap: AU$650.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Grand Pharmaceutical Group

Market Cap: HK$28.3b

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.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥14.6b

Engages in the manufacture of pharmaceutical products in China.

Sinoma International EngineeringLtd

Market Cap: CN¥25.6b

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

Mitek Systems

Market Cap: US$416.8m

Provides mobile image capture and digital identity verification solutions worldwide.

Eiffage

Market Cap: €11.5b

Engages in the construction and concessions industries in France, rest of Europe, and internationally.

Sulzer

Market Cap: CHF 4.7b

Develops and sells products and services for fluid engineering and chemical processing applications worldwide.

EOG Resources

Market Cap: €59.2b

Explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas in producing basins in the United States, the Republic of Trinidad and Tobago, and internationally.

Cheniere Energy

Market Cap: €45.0b

An energy infrastructure company, primarily engages in the liquefied natural gas (LNG) related businesses in the United States.