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$112.3b

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

China Mengniu Dairy

Market Cap: HK$57.5b

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

Sansiri

Market Cap: ฿23.4b

Engages in the property development business in Thailand.

Indofood Sukses Makmur

Market Cap: Rp59.5t

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

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

ISOTeam

Market Cap: S$61.1m

Operates in the building maintenance and estate upgrading industry in Singapore.

Srisawad Corporation

Market Cap: ฿42.8b

Provides financial services in Thailand and internationally.

Converge Information and Communications Technology Solutions

Market Cap: ₱110.9b

Converge Information and Communications Technology Solutions, Inc.

Grand Pharmaceutical Group

Market Cap: HK$27.6b

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.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.4b

Manufactures and sells power distribution in China and internationally.

ASUSTeK Computer

Market Cap: NT$403.3b

Researches and develops, designs, manufactures, sells, and repairs computers, communications, and consumer electronic products in Taiwan, China, Singapore, Europe, the United States, and internationally.

China Conch Venture Holdings

Market Cap: HK$17.1b

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

Future

Market Cap: JP¥176.5b

Provides IT consulting and services primarily in Japan.

Horizon Construction Development

Market Cap: HK$3.6b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

China South Publishing & Media Group

Market Cap: CN¥19.8b

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

Fosun International

Market Cap: HK$36.4b

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

Emaar Properties PJSC

Market Cap: د.إ126.4b

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

Jinneng Holding Shanxi Coal Industryltd

Market Cap: CN¥22.7b

Engages in the production and sales of coal in China.

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.

China Overseas Property Holdings

Market Cap: HK$15.1b

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

Innocean Worldwide

Market Cap: ₩732.4b

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

Guangdong Haid Group

Market Cap: CN¥91.1b

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

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥4.9b

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

SK

Market Cap: ₩13.8t

Engages in petroleum refining, telecommunications, wholesale and retail, chemicals, construction, and other businesses in Korea.

Shenzhen Transsion Holdings

Market Cap: CN¥77.4b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.1b

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

Huaibei Mining HoldingsLtd

Market Cap: CN¥30.3b

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

KH Neochem

Market Cap: JP¥87.6b

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

Chambal Fertilisers and Chemicals

Market Cap: ₹190.4b

Produces and sells fertilizers primarily in India.

Huaqin Technology

Market Cap: CN¥92.9b

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

ARN Media

Market Cap: AU$117.4m

Operates as a media and entertainment company in Australia and Hong Kong.

Shanghai Zhonggu Logistics

Market Cap: CN¥21.4b

Provides container shipping services in China.

DUG Technology

Market Cap: AU$295.2m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Sichuan Baicha Baidao Industrial

Market Cap: HK$10.0b

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

NetEase Cloud Music

Market Cap: HK$39.7b

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.