Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Resources Land

Market Cap: HK$218.8b

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

MCNEX

Market Cap: ₩497.3b

Manufactures and sells camera modules in South Korea and internationally.

Zhejiang Jiuzhou Pharmaceutical

Market Cap: CN¥16.1b

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

Acrow

Market Cap: AU$322.5m

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.8b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Grand Pharmaceutical Group

Market Cap: HK$27.4b

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.

China Mengniu Dairy

Market Cap: HK$63.2b

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

Huaqin Technology

Market Cap: CN¥87.6b

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

Future

Market Cap: JP¥168.1b

Provides IT consulting and services primarily in Japan.

IRB Infrastructure Developers

Market Cap: ₹250.9b

Engages in the infrastructure development business in India.

Security Bank

Market Cap: ₱49.0b

Provides banking and financial products and services to wholesale and retail clients in the Philippines.

Indofood Sukses Makmur

Market Cap: Rp59.7t

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

China Conch Venture Holdings

Market Cap: HK$19.1b

An investment holding company, provides various package solutions for energy conservation and environmental protection in Mainland China and the Asia-Pacific.

Srisawad Corporation

Market Cap: ฿41.5b

Provides financial services in Thailand and internationally.

Anhui Expressway

Market Cap: CN¥23.5b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥33.2b

Manufactures and sells power distribution in China and internationally.

China Mobile

Market Cap: HK$1.8t

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

Industrial Bank

Market Cap: CN¥395.7b

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

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥14.9b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.4b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Centurion

Market Cap: S$1.3b

Owns, develops, and manages workers and student accommodation assets in Singapore, Malaysia, Australia, the United Kingdom, and internationally.

Hansen Technologies

Market Cap: AU$1.0b

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

Aurelia Metals

Market Cap: AU$524.7m

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

China South Publishing & Media Group

Market Cap: CN¥19.8b

Engages in the publishing, printing, distribution, media, and financing businesses in China.

Ping An Bank

Market Cap: CN¥210.2b

Provides commercial banking products and services for individual and corporate customers, government agencies, institutions, and other small businesses in China and internationally.

Geely Automobile Holdings

Market Cap: CN¥174.5b

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

Inspur Digital Enterprise Technology

Market Cap: HK$6.1b

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.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.5b

Provides container shipping services in China.

Bear Electric ApplianceLtd

Market Cap: CN¥6.7b

Engages in the research and development, design, production, and sale of small household appliances under Bear brand name in China and internationally.

Fosun International

Market Cap: HK$34.0b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥10.0b

Provides chemical supply chain solutions worldwide.

Jinzai Food GroupLtd

Market Cap: CN¥5.0b

Engages in the research, development, production, and sale of snack foods in China and internationally.

Lucky Harvest

Market Cap: CN¥9.3b

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

Converge Information and Communications Technology Solutions

Market Cap: ₱112.2b

Converge Information and Communications Technology Solutions, Inc.