Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

BYD Electronic (International)

Market Cap: US$89.7b

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.

Intertek Group

Market Cap: US$7.2b

Provides quality assurance solutions to various industries in the United Kingdom, the United States, China, Australia, and internationally.

Corpovael. de

Market Cap: Mex$988.6m

Engages in the design, urbanization, construction, promotion, and sale of homes in Mexico.

Security Bank

Market Cap: ₱53.8b

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

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

CapitaLand Malaysia Trust

Market Cap: RM 2.0b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) and was listed on the Main Market of Bursa Malaysia Securities Berhad on 16 July 2010.

Cheerwin Group

Market Cap: HK$3.0b

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.

Proya CosmeticsLtd

Market Cap: CN¥31.8b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Binggrae

Market Cap: ₩663.1b

Engages in production and sale of dairy products in South Korea and internationally.

Proya CosmeticsLtd

Market Cap: CN¥31.8b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

KH Neochem

Market Cap: JP¥97.6b

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

REC

Market Cap: ₹981.8b

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

Haidilao International Holding

Market Cap: HK$74.8b

An investment holding company, engages in the restaurant operation and delivery businesses.

True Corporation

Market Cap: ฿359.3b

Provides telecommunications and value-added services in Thailand.

China Mobile

Market Cap: HK$1.9t

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

Hu Lane Associate

Market Cap: NT$15.2b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

Stanmore Resources

Market Cap: AU$1.9b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Vardhman Textiles

Market Cap: ₹119.3b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Chambal Fertilisers and Chemicals

Market Cap: ₹204.6b

Produces and sells fertilizers primarily in India.

Bangchak Corporation

Market Cap: ฿42.3b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

IPH

Market Cap: AU$933.5m

Provides intellectual property (IP) services and products.

C&D International Investment Group

Market Cap: HK$40.1b

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.

Horizon Construction Development

Market Cap: HK$4.0b

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

Micro-Star International

Market Cap: NT$98.0b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

Beijing New Building Materials

Market Cap: CN¥40.2b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥420.1b

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

Foxsemicon Integrated Technology

Market Cap: NT$32.6b

Engages in the research, development, design, manufacturing, and sale of semiconductor equipment subsystems and system integration in Taiwan, the United States, China, and internationally.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

Sinopharm Group

Market Cap: HK$57.2b

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

Innocean Worldwide

Market Cap: ₩728.0b

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

Sinoma International EngineeringLtd

Market Cap: CN¥23.4b

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

Ping An Bank

Market Cap: CN¥220.1b

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

Seojin SystemLtd

Market Cap: ₩1.2t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.