Global Potentially Undervalued Companies

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.

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Longfor Group Holdings

Market Cap: HK$67.2b

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.

Gansu Shangfeng CementLtd

Market Cap: CN¥7.7b

Engages in the manufacturing and sale of building materials, and cement and cement clinker products in China.

China National Building Material

Market Cap: HK$30.8b

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

Tsingtao Brewery

Market Cap: HK$86.7b

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

Chorus Aviation

Market Cap: US$611.1m

Through its subsidiaries, provides aviation services.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.8b

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

Zhejiang Semir Garment

Market Cap: CN¥14.0b

Produces and sells casual apparels in China and internationally.

Indorama Ventures

Market Cap: ฿115.7b

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

Sasseur Real Estate Investment Trust

Market Cap: S$806.7m

Invests in a portfolio of real estate and related assets.

Baoxiniao Holding

Market Cap: CN¥5.5b

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

Innocean Worldwide

Market Cap: ₩808.0b

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

Beijing New Building Materials

Market Cap: CN¥44.6b

Manufactures and sells building materials in China and internationally.

Foxsemicon Integrated Technology

Market Cap: NT$32.0b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

KH Neochem

Market Cap: JP¥91.5b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.7b

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.5b

Beijing Urban Construction Investment & Development Co., Ltd.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.2b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Select Harvests

Market Cap: AU$591.2m

Engages in the growing, processing, packaging, and selling of almonds and its by-products in Australia.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.3b

Manufactures and sells power distribution and utilization systems in China and internationally.

Hu Lane Associate

Market Cap: NT$14.9b

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

H.G. Infra Engineering

Market Cap: ₹67.8b

Engages in the engineering, procurement, and construction (EPC) business in India.

AWC Berhad

Market Cap: RM 201.2m

An investment holding company, provides integrated facilities management and engineering services.

Emaar Properties PJSC

Market Cap: د.إ118.9b

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

Summerset Group Holdings

Market Cap: AU$2.8b

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

Zhejiang Yinlun MachineryLtd

Market Cap: CN¥19.1b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥272.1b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.5b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

REC

Market Cap: ₹1.0t

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

MCNEX

Market Cap: ₩432.5b

Manufactures and sells camera modules in South Korea and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.2b

Provides chemical supply chain solutions in China and internationally.

Nissui

Market Cap: JP¥268.7b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥31.0b

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

Vieworks

Market Cap: ₩195.6b

Develops, manufactures, and sells imaging systems and solutions.