Chinese Undervalued based on future growth

China Everbright Bank

Market Cap: CN¥230.9b

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¥207.4b

Provides various banking products and services in China.

Bank of Ningbo

Market Cap: CN¥184.0b

Provides various personal and business banking products and services in the People's Republic of China.

BOE Technology Group

Market Cap: CN¥149.0b

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

Bank of Beijing

Market Cap: CN¥136.4b

Provides various banking services to personal and corporate customers in China.

China Railway Group

Market Cap: CN¥132.1b

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

Bank of Hangzhou

Market Cap: CN¥116.3b

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

Wens Foodstuff Group

Market Cap: CN¥115.2b

Operates as a livestock and poultry farming company in China.

Ningxia Baofeng Energy Group

Market Cap: CN¥114.0b

Produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products.

XCMG Construction Machinery

Market Cap: CN¥98.4b

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

TCL Technology Group

Market Cap: CN¥85.0b

Engages in the semiconductors business worldwide.

Bank of Chengdu

Market Cap: CN¥77.0b

Provides various commercial banking products and services in China.

TBEA

Market Cap: CN¥67.8b

Provides power transmission, renewable energy, new materials, and energy solutions in China and internationally.

Satellite ChemicalLtd

Market Cap: CN¥65.8b

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

Yunnan Aluminium

Market Cap: CN¥54.0b

Manufactures and sells aluminum in China.

China Shipbuilding Industry Group Power

Market Cap: CN¥51.5b

China Shipbuilding Industry Group Power Co., Ltd.

Ningbo Deye Technology Group

Market Cap: CN¥46.2b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Tianshan Aluminum GroupLtd

Market Cap: CN¥42.1b

Produces and sells primary aluminum, alumina, prebaked anodes, high-purity aluminum, and aluminum deep-processed products and materials in China and internationally.

Sailun Group

Market Cap: CN¥40.6b

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

LB Group

Market Cap: CN¥40.1b

Manufactures and sells titanium dioxide pigments in China and internationally.

Henan Shenhuo Coal Industry and Electricity Power

Market Cap: CN¥39.8b

Henan Shenhuo Coal Industry and Electricity Power Co.

Quzhou Xin'an Development

Market Cap: CN¥34.8b

Engages in the real estate development, technology manufacturing, and financial service businesses in China.

Zhejiang Weiming Environment Protection

Market Cap: CN¥32.3b

Zhejiang Weiming Environment Protection Co., Ltd.

CSI Solar

Market Cap: CN¥32.2b

Provides solar photovoltaic products and energy solutions in China and internationally.

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥31.6b

Manufactures and sells power distribution and utilization systems in China and internationally.

Qilu Bank

Market Cap: CN¥30.7b

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

AIMA Technology Group

Market Cap: CN¥30.1b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Tongkun Group

Market Cap: CN¥29.6b

Manufactures and sells polyester filament yarns in China.

Xiamen C&D

Market Cap: CN¥29.4b

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

Asia-potash International Investment (Guangzhou)Co.Ltd

Market Cap: CN¥29.3b

Asia-Potash International Investment (Guangzhou)Co.,Ltd., together with its subsidiaries, engages in the research, development, processing, production, and sale of potash fertilizers in China and internationally.

Beijing Jingneng Power

Market Cap: CN¥28.5b

Produces and sells electric power and heat products in China.

Tianneng Battery Group

Market Cap: CN¥26.7b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automobile start-stop batteries, energy storage batteries, and 3C batteries in China and internationally.

Inner Mongolia ERDOS ResourcesLtd

Market Cap: CN¥26.0b

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

Jiangsu JieJie Microelectronics

Market Cap: CN¥24.8b

Jiangsu JieJie Microelectronics Co., Ltd.

Jiangsu Changshu Rural Commercial Bank

Market Cap: CN¥24.5b

Jiangsu Changshu Rural Commercial Bank Co., Ltd.

Shandong Linglong TyreLtd

Market Cap: CN¥22.3b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.