Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carlsberg

Market Cap: US$108.7b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Aeris Resources

Market Cap: AU$517.1m

Explores, produces, and sells precious metals in Australia.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.2b

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

Aeon (M) Bhd

Market Cap: RM 1.7b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Assetwise

Market Cap: ฿5.4b

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.5b

Provides chemical supply chain solutions worldwide.

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.6b

Yuan Long Ping High-Tech Agriculture Co., Ltd.

China Mengniu Dairy

Market Cap: HK$58.0b

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

REC

Market Cap: ₹951.6b

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

Aurelia Metals

Market Cap: AU$397.8m

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

C&D International Investment Group

Market Cap: HK$38.0b

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.

China Overseas Property Holdings

Market Cap: HK$16.6b

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

Centurion

Market Cap: S$1.2b

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

Indorama Ventures

Market Cap: ฿96.6b

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

China Pacific Insurance (Group)

Market Cap: CN¥327.3b

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

China Conch Venture Holdings

Market Cap: HK$18.8b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.9b

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.

IPH

Market Cap: AU$949.2m

Provides intellectual property (IP) services and products.

Middle East Healthcare

Market Cap: ر.س3.8b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

China Railway Group

Market Cap: CN¥130.7b

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

Huaqin Technology

Market Cap: CN¥87.7b

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

Indofood Sukses Makmur

Market Cap: Rp62.3t

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

Inspur Digital Enterprise Technology

Market Cap: HK$9.6b

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.

Anker Innovations

Market Cap: CN¥56.3b

Develops and sells mobile charging products.

Adairs

Market Cap: AU$338.7m

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

Emaar Properties PJSC

Market Cap: د.إ119.3b

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

Guangdong Haid Group

Market Cap: CN¥96.7b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹188.0b

Produces and sells fertilizers primarily in India.

China Resources Land

Market Cap: HK$216.1b

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

National Medical Care

Market Cap: ر.س6.8b

National Medical Care Company establishes, owns, equips, manages, maintains, and operates healthcare facilities in the Kingdom of Saudi Arabia.

Haidilao International Holding

Market Cap: HK$77.1b

An investment holding company, engages in the restaurant operation and delivery businesses in Mainland China, Hong Kong, Macau, and Taiwan.

Shenzhen Transsion Holdings

Market Cap: CN¥74.2b

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

GWA Group

Market Cap: AU$632.4m

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

MC Group

Market Cap: ฿8.6b

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