Chinese Undervalued based on future growth

Muyuan Foods

Market Cap: CN¥260.2b

Operates as a pork company in the hog farming industry in China.

China State Construction Engineering

Market Cap: CN¥209.5b

Operates as an investment and construction company in China and internationally.

China Everbright Bank

Market Cap: CN¥191.7b

Provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Macao, Seoul, and Sydney.

Bank of Jiangsu

Market Cap: CN¥191.0b

Provides various banking products and services in China.

BOE Technology Group

Market Cap: CN¥160.7b

Operates display, Internet of Things (IoT) innovation, sensor, and MLED, smart medicine engineering, and other business in Mainland China and internationally.

Bank of Nanjing

Market Cap: CN¥137.9b

Provides various financial products and services in China.

XCMG Construction Machinery

Market Cap: CN¥134.4b

Engages in the manufacturing and sale of construction machinery in China.

Bank of Hangzhou

Market Cap: CN¥119.3b

Provides various banking products and services for individuals, corporate, and small and micro businesses in China.

Bank of Beijing

Market Cap: CN¥114.2b

Provides various banking services to individuals and corporates in China.

Wens Foodstuff Group

Market Cap: CN¥105.3b

Operates as an agricultural and animal husbandry company in China.

Hua Xia Bank

Market Cap: CN¥104.7b

Provides commercial banking services in China and Hong Kong.

TCL Technology Group

Market Cap: CN¥99.8b

Engages in the semiconductors business in China and internationally.

Satellite ChemicalLtd

Market Cap: CN¥76.3b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

Everbright Securities

Market Cap: CN¥71.2b

Operates as a securities company in Mainland China and internationally.

Bank of Chengdu

Market Cap: CN¥69.3b

Provides various commercial banking products and services in China.

Huadian Power International

Market Cap: CN¥54.3b

Engages in the sale of power fand thermal products in the People’s Republic of China.

Sailun Group

Market Cap: CN¥51.6b

Engages in the research and development, manufacturing, and sale of tires and tire recycling products in China, Europe, the United States, Asia, Africa, and internationally.

Tongkun Group

Market Cap: CN¥51.0b

Manufactures and sells civilian polyester filament yarns in China and internationally.

Asia-potash International Investment (Guangzhou)Co.Ltd

Market Cap: CN¥49.0b

Engages in the processing, production, sale, and marketing of potash fertilizers in China and internationally.

Zhongce Rubber Group

Market Cap: CN¥48.5b

Engages in the research and development, production, and sale of tire products in China.

Sunwoda ElectronicLtd

Market Cap: CN¥44.2b

Engages in the research, design, development, production, and sale of lithium-ion battery modules in China and internationally.

CNOOC Energy Technology & Services

Market Cap: CN¥43.7b

Operates as an offshore and onshore oil and gas production company in China and internationally.

New Hope LiuheLtd

Market Cap: CN¥38.9b

Engages in feed and pig farming and slaughtering businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, Egypt, and internationally.

Ninebot

Market Cap: CN¥38.3b

Engages in the design, research and development, production, sale, and servicing of transportation and robot products worldwide.

Tianshan Material

Market Cap: CN¥37.2b

Produces and sells cement, commercial concrete, and aggregates in China and internationally.

Qilu Bank

Market Cap: CN¥36.2b

QILU BANK CO., LTD. provides personal and corporate banking services in the People’s Republic of China.

Guanghui Energy

Market Cap: CN¥35.2b

Operates in the energy development business in China.

Inner Mongolia ERDOS ResourcesLtd

Market Cap: CN¥35.0b

Engages in clothing, power metallurgy, and chemical businesses in China.

Huaibei Mining HoldingsLtd

Market Cap: CN¥33.8b

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

Sany Renewable EnergyLtd

Market Cap: CN¥33.8b

Engages in the research and development, manufacture, and sale of wind turbines and generators in China.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.9b

Manufactures and sells power distribution in China and internationally.

Henan Zhongfu IndustrialLtd

Market Cap: CN¥32.5b

Processes, manufactures, and sells electrolytic aluminum and aluminum products in China.

Hisense Home Appliances Group

Market Cap: CN¥31.8b

Engages in the central air-conditioning business in the People’s Republic of China and internationally.

Inner Mongolia Berun Chemical

Market Cap: CN¥30.6b

Engages in the production and sale of soda ash, baking soda, fertilizers and other chemical products in China.

Wuchan Zhongda GroupLtd

Market Cap: CN¥29.4b

Provides bulk commodity supply chain integration services in China and internationally.

Zhejiang Hailiang

Market Cap: CN¥28.8b

Engages in the research, development, production, sale, and service of copper products, conductor materials, and aluminum-based materials in China and internationally.