Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Adairs

Market Cap: AU$370.6m

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

Shenzhen Transsion Holdings

Market Cap: CN¥87.4b

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

Sansiri

Market Cap: ฿24.6b

Engages in the property development business in Thailand.

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing solutions worldwide.

Indofood Sukses Makmur

Market Cap: Rp64.1t

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

F&F

Market Cap: ₩2.5t

Manufactures and sells sewn wearing apparels in South Korea.

Beijing New Building Materials

Market Cap: CN¥39.9b

Manufactures and sells building materials in China and internationally.

Industrial Bank

Market Cap: CN¥436.0b

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

REC

Market Cap: ₹981.1b

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

IPH

Market Cap: AU$962.2m

Provides intellectual property (IP) services and products.

Emaar Properties PJSC

Market Cap: د.إ127.7b

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

KH Neochem

Market Cap: JP¥98.6b

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

Proya CosmeticsLtd

Market Cap: CN¥30.0b

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

Assetwise

Market Cap: ฿5.6b

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

Sao Ta Foods

Market Cap: ₫2.3t

Engages in farming, processing, and preserving aquatic products.

Livzon Pharmaceutical Group

Market Cap: CN¥30.1b

Researches, develops, produces, exports, and sells pharmaceutical products, and active pharmaceutical ingredients and intermediates in the People’s Republic of China.

Stanmore Resources

Market Cap: AU$1.9b

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.2b

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.

Haidilao International Holding

Market Cap: HK$73.4b

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

China Railway Group

Market Cap: CN¥133.2b

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

Security Bank

Market Cap: ₱51.9b

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

Apeejay Surrendra Park Hotels

Market Cap: ₹31.5b

Owns and operates hotels in India.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Hoa Phat Group

Market Cap: ₫202.6t

Produces and sells steel products in Vietnam.

Bethel Automotive Safety Systems

Market Cap: CN¥28.8b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

Milkyway Chemical Supply Chain ServiceLtd

Market Cap: CN¥9.4b

Provides chemical supply chain solutions worldwide.

Monash IVF Group

Market Cap: AU$280.5m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.3b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

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.

Aurelia Metals

Market Cap: AU$406.2m

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

Sasseur Real Estate Investment Trust

Market Cap: S$866.4m

Invests in a portfolio of real estate and related assets.

C&D International Investment Group

Market Cap: HK$38.1b

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.

China Overseas Property Holdings

Market Cap: HK$16.0b

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

China Mengniu Dairy

Market Cap: HK$55.8b

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