Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

NetEase

Market Cap: US$556.9b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

Indofood Sukses Makmur

Market Cap: Rp52.5t

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

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Market Cap: Rp302.1t

Provides information and communications technology, and telecommunications network services worldwide.

Champion Iron

Market Cap: US$2.6b

Engages in the acquisition, exploration, development, and production of iron ore properties in Canada.

DEXUS

Market Cap: AU$6.4b

A leading Australasian fully integrated real asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $51.5 billion.

Cheerwin Group

Market Cap: HK$2.9b

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.

Converge Information and Communications Technology Solutions

Market Cap: ₱90.5b

Converge Information and Communications Technology Solutions, Inc.

Xiamen C&D

Market Cap: CN¥25.8b

Engages in the supply chain and real estate development businesses in China and internationally.

Geely Automobile Holdings

Market Cap: CN¥225.4b

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

Ricegrowers

Market Cap: AU$879.1m

Operates as a rice food company in Australia, New Zealand, the Pacific Islands, Europe, the Middle East, Africa, Asia, and North America.

Tsingtao Brewery

Market Cap: CN¥72.3b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.8b

Provides real estate development services in China.

Acrow

Market Cap: AU$261.7m

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

Guangdong Haid Group

Market Cap: CN¥86.2b

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

Ganyuan Foods

Market Cap: CN¥4.6b

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

F&F

Market Cap: ₩2.3t

Manufactures and sells apparel and accessories in South Korea.

China Resources Land

Market Cap: HK$205.1b

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

China Mengniu Dairy

Market Cap: HK$61.2b

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

Morimatsu International Holdings

Market Cap: HK$8.1b

Designs, manufactures, installs, operates, and maintains core equipment, process systems, and solutions primarily for chemical reactions, biological reactions, and polymerization.

China Mobile

Market Cap: HK$1.7t

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

Summerset Group Holdings

Market Cap: AU$2.3b

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

Hyosung TNC

Market Cap: ₩1.7t

Manufactures and sells fiber in South Korea and internationally.

Jinzai Food GroupLtd

Market Cap: CN¥4.4b

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

Security Bank

Market Cap: ₱50.1b

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

Qoria

Market Cap: AU$388.9m

Qoria Limited markets, distributes, and sells cyber safety products and services in Australia, New Zealand, the United Kingdom, the United States, Europe, and internationally.

China Conch Venture Holdings

Market Cap: HK$19.3b

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

Aux Electric

Market Cap: HK$15.3b

Engages in the manufacturing, sales, and marketing of air conditioners.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing and advertising solutions worldwide.

MC Group

Market Cap: ฿8.5b

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

Aurelia Metals

Market Cap: AU$389.5m

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

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.1b

Provides chemical supply chain solutions worldwide.

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

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

Bethel Automotive Safety Systems

Market Cap: CN¥27.6b

Develops, manufactures, and sells automotive chassis systems and advanced driving systems in China.

Chongqing Baiya Sanitary Products

Market Cap: CN¥7.4b

Chongqing Baiya Sanitary Products Co., Ltd.