Global Price disconnect

SK hynix

Market Cap: ₩902.4t

Research, develops manufactures, and sells semiconductor devices in Korea, China, rest of Asia, the United States, and Europe.

Tencent Holdings

Market Cap: HK$4.2t

An investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

Industrial and Commercial Bank of China

Market Cap: HK$2.9t

Provides banking products and services in the People's Republic of China and internationally.

Agricultural Bank of China

Market Cap: HK$2.7t

Provides banking products and services.

Roche Holding

Market Cap: CHF 253.1b

Engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and New Zealand.

China Construction Bank

Market Cap: HK$2.4t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

Bank of China

Market Cap: HK$2.0t

Provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally.

Shell

Market Cap: UK£184.0b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

TotalEnergies

Market Cap: €166.7b

An integrated energy company, produces and markets oil and biofuels, natural gas, biogas and low-carbon hydrogen, renewables, and electricity in France, the United States, Europe, Brazil, India, and internationally.

AT&T

Market Cap: US$178.9b

Provides telecommunications and technology services worldwide.

Gilead Sciences

Market Cap: US$159.9b

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.

Uber Technologies

Market Cap: US$151.7b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Anheuser-Busch InBev

Market Cap: €122.1b

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

China Life Insurance

Market Cap: HK$1.1t

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

Zijin Mining Group

Market Cap: CN¥866.4b

Engages in exploration and extraction of metals in Mainland China and internationally.

Chubb

Market Cap: US$126.3b

Provides insurance and reinsurance products worldwide.

Investor

Market Cap: SEK 1.1t

A private equity firm specializing in mature, middle market, buyouts and growth capital investments.

Progressive

Market Cap: US$117.3b

Operates as an insurance company in the United States.

Enbridge

Market Cap: CA$159.3b

Operates as an energy infrastructure company.

BNP Paribas

Market Cap: €99.7b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

GSK

Market Cap: UK£76.6b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

Zurich Insurance Group

Market Cap: CHF 80.3b

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

Comcast

Market Cap: US$98.7b

Operates as a media and technology company worldwide.

Adobe

Market Cap: US$98.5b

Operates as a technology company worldwide.

HCA Healthcare

Market Cap: US$96.7b

Through its subsidiaries, provides health care services in the United States.

FedEx

Market Cap: US$92.7b

Provides transportation, e-commerce, and business services in the United States and internationally.

Automatic Data Processing

Market Cap: US$86.6b

Provides cloud-based human capital management (HCM) solutions worldwide.

Bank of Communications

Market Cap: HK$666.1b

Provides commercial banking products and services in China and internationally.

ING Groep

Market Cap: €68.5b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Barclays

Market Cap: UK£58.8b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Cigna Group

Market Cap: US$77.1b

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

SK Square

Market Cap: ₩110.9t

Invests in semiconductor, and information and communication technologies in South Korea, China, Asia, the United States, and Europe.

DoorDash

Market Cap: US$73.8b

Operates a commerce platform that connects merchants, consumers, and dashers in the United States and internationally.

Phillips 66

Market Cap: US$69.6b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Travelers Companies

Market Cap: US$64.3b

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, Canada, and internationally.