Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Beijing New Building Materials

Market Cap: CN¥41.5b

Manufactures and sells building materials in China and internationally.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥8.6b

Provides chemical supply chain solutions worldwide.

GWA Group

Market Cap: AU$640.0m

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

Adairs

Market Cap: AU$321.9m

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

Anker Innovations

Market Cap: CN¥57.7b

Develops and sells mobile charging products.

China Mengniu Dairy

Market Cap: HK$55.4b

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

MC Group

Market Cap: ฿8.6b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

Nido Education

Market Cap: AU$132.2m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

Indofood Sukses Makmur

Market Cap: Rp60.1t

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

China Construction Bank

Market Cap: HK$2.0t

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.

Summerset Group Holdings

Market Cap: AU$2.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.2b

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.

C&D International Investment Group

Market Cap: HK$35.6b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

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

Shanghai Zhonggu Logistics

Market Cap: CN¥21.6b

Provides container shipping services in China.

GWA Group

Market Cap: AU$640.0m

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥24.0b

Engages in the production and sales of coal in China.

China Resources Land

Market Cap: HK$200.4b

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

BYD Electronic (International)

Market Cap: US$77.1b

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.

Assetwise

Market Cap: ฿5.4b

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

Hansen Technologies

Market Cap: AU$1.1b

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

China National Building Material

Market Cap: HK$37.8b

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

Aurelia Metals

Market Cap: AU$397.8m

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

China Railway Group

Market Cap: CN¥125.2b

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

Acrow

Market Cap: AU$324.7m

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

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥10.8b

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

New Hope Dairy

Market Cap: CN¥14.4b

Produces and sells dairy products in China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.7b

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

Sansiri

Market Cap: ฿22.8b

Engages in the property development business in Thailand.

Industrial Bank

Market Cap: CN¥438.5b

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

NetEase Cloud Music

Market Cap: HK$44.3b

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.

China Overseas Property Holdings

Market Cap: HK$15.7b

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

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.3b

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

Apeloa PharmaceuticalLtd

Market Cap: CN¥18.3b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Longfor Group Holdings

Market Cap: HK$65.5b

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.