Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carrefour

Market Cap: €12.6b

Engages in the operation of stores that offer food and non-food products in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, and Argentina, as well as in the Middle East, Africa, and Asia.

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.

GE HealthCare Technologies

Market Cap: €37.7b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.4b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Solid World Group

Market Cap: €29.0m

Provides a range of software products, scanners, and 3D printers that assists the design, prototyping, and production of industrial products in Italy.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.7b

Engages in the research and development, production, and sale of Chinese patent medicines and health foods in Mainland China.

China Everbright Environment Group

Market Cap: HK$21.6b

An investment holding company, provides environmental solutions worldwide.

Shenzhen YHLO Biotech

Market Cap: CN¥9.8b

Researches, develops, produces, sells, and services in vitro diagnostic instruments and reagents in China and internationally.

Indorama Ventures

Market Cap: ฿120.2b

Engages in the manufacture and distribution of petrochemical products in Thailand and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥41.7b

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

WemadeLtd

Market Cap: ₩1.0t

Develops and publishes games in South Korea and internationally.

Canara Bank

Market Cap: ₹761.2b

Provides various banking products and services in India and internationally.

CLIO CosmeticsLtd

Market Cap: ₩361.0b

Provides makeup products in South Korea and internationally.

Srisawad Corporation

Market Cap: ฿44.2b

Provides finance services in Thailand and internationally.

Huaxin Cement

Market Cap: CN¥24.0b

Manufactures and sells cement in China and internationally.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥21.4b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Summerset Group Holdings

Market Cap: AU$2.8b

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

Jiangling Motors Corporation

Market Cap: CN¥15.4b

Engages in the production and sale of automobiles and automobile parts in China and internationally.

True Corporation

Market Cap: ฿373.2b

Provides telecommunications and value-added services in Thailand.

Metcash

Market Cap: AU$3.4b

Operates as a wholesale distribution and marketing company in Australia.

Keppel Pacific Oak US REIT

Market Cap: US$229.8m

Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017.

CESC

Market Cap: ₹188.2b

An integrated electrical utility company, engages in the generation and distribution of electricity in India.

China Resources Land

Market Cap: HK$194.3b

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

MC Group

Market Cap: ฿7.9b

Manufactures, distributes, and retails apparel, accessories, and lifestyle products in Thailand.

Incitec Pivot

Market Cap: AU$5.1b

Manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia and the United State.

Adaro Minerals Indonesia

Market Cap: Rp36.2t

Engages in metallurgical coal mining business in Indonesia.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp239.7t

Provides information and communications technology, and telecommunications network services worldwide.

Bank CIMB Niaga

Market Cap: Rp41.0t

Provides various banking products and services in Indonesia and internationally.

Yeahka

Market Cap: HK$3.9b

An investment holding company, provides payment and business services to merchants and consumers in the People’s Republic of China.

CNGR Advanced MaterialLtd

Market Cap: CN¥35.6b

Engages in the research, development, processing, production, and sale of lithium battery cathode material precursors and new energy recycling materials in the fields of new materials and energy.

Canara Bank

Market Cap: ₹761.2b

Provides various banking products and services in India and internationally.

Jiangshan Oupai Door Industry

Market Cap: CN¥3.0b

Engages in the research, development, manufacture, processing, sale, and service of wooden doors in China and internationally.

DFI Retail Group Holdings

Market Cap: US$3.1b

Operates as a retailer in Asia.

Huaibei Mining HoldingsLtd

Market Cap: CN¥37.2b

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

Sinopharm Group

Market Cap: HK$61.9b

Engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People’s Republic of China.