Global Price disconnect

National Atomic Company Kazatomprom JSC

Market Cap: US$6.1t

Explores for, produces, processes, markets, and sells uranium and uranium related products.

Kazakhtelecom JSC

Market Cap: €454.4b

Provides telecommunication services to individuals and businesses in the Republic of Kazakhstan.

Agricultural Bank of China

Market Cap: HK$2.5t

Provides banking products and services.

Novartis

Market Cap: CHF 186.3b

Engages in the research, development, manufacture, distribution, marketing, and sale of pharmaceutical medicines in Switzerland and internationally.

UnitedHealth Group

Market Cap: US$228.6b

Operates as a health care company in the United States and internationally.

Novo Nordisk

Market Cap: DKK 1.4t

Engages in the research and development, manufacture, and distribution of pharmaceutical products in Europe, the Middle East, Africa, Mainland China, Hong Kong, Taiwan, North America, and internationally.

Merck

Market Cap: US$199.9b

Operates as a healthcare company worldwide.

Deutsche Telekom

Market Cap: €147.5b

Provides integrated telecommunication services worldwide.

Airbus

Market Cap: €143.1b

Engages in the design, manufacture, and delivery of aeronautics and aerospace products, services, and solutions worldwide.

Allianz

Market Cap: €138.8b

Provides property-casualty insurance, life/health insurance, and asset management products and services Internationally.

PDD Holdings

Market Cap: US$160.5b

A multinational commerce group that owns and operates a portfolio of businesses.

Gilead Sciences

Market Cap: US$149.5b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Ping An Insurance (Group) Company of China

Market Cap: CN¥1.0t

Ping An Insurance (Group) Company of China, Ltd.

SK hynix

Market Cap: ₩191.9t

Engages in the manufacture, distribution, and sale of semiconductor products in Korea, China, rest of Asia, the United States, and Europe.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

Anheuser-Busch InBev

Market Cap: €102.7b

Produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

CNOOC

Market Cap: HK$931.3b

An investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas in the People’s Republic of China, Canada, and internationally.

Comcast

Market Cap: US$118.5b

Operates as a media and technology company worldwide.

Sanofi

Market Cap: €99.6b

A healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally.

Enbridge

Market Cap: CA$142.8b

Operates as an energy infrastructure company.

Zurich Insurance Group

Market Cap: CHF 81.6b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Meituan

Market Cap: HK$759.6b

Operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally.

China Telecom

Market Cap: HK$711.7b

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China.

Rheinmetall

Market Cap: €71.6b

Provides mobility and security technologies in Germany; the rest of Europe; North, Middle, and South America; Asian regions, and internationally.

Zijin Mining Group

Market Cap: HK$612.5b

A mining company, engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Emerson Electric

Market Cap: US$74.3b

A technology and software company, provides various solutions in the Americas, Asia, the Middle East, Africa, and Europe.

Cigna Group

Market Cap: US$73.9b

Provides insurance and related products and services in the United States.

Canadian Natural Resources

Market Cap: CA$86.1b

Engages in the acquisition, exploration, development, production, marketing, and sale of crude oil, natural gas, and natural gas liquids (NGLs) in Western Canada, the United Kingdom sector of the North Sea, and Offshore Africa.

Siemens Healthineers

Market Cap: €51.6b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide.

Travelers Companies

Market Cap: US$59.5b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally.

América Móvil. de

Market Cap: Mex$1.1t

Provides telecommunications services in Latin America and internationally.

Merck KGaA

Market Cap: €48.3b

Operates as a science and technology company in Germany.

Deutsche Post

Market Cap: €47.0b

Operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Allstate

Market Cap: US$54.4b

Provides property and casualty, and other insurance products in the United States and Canada.

3i Group

Market Cap: UK£39.5b

A private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins.

Manulife Financial

Market Cap: CA$70.0b

Provides financial products and services in the United States, Canada, Asia, and internationally.