Global Price disconnect

SK hynix

Market Cap: ₩818.2t

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

Roche Holding

Market Cap: CHF 255.9b

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

Novartis

Market Cap: CHF 226.7b

Researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally.

Shell

Market Cap: UK£179.6b

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

AT&T

Market Cap: US$185.1b

Provides telecommunications and technology services worldwide.

Gilead Sciences

Market Cap: US$170.8b

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

Uber Technologies

Market Cap: US$157.1b

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: €126.0b

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¥904.6b

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

Investor

Market Cap: SEK 1.2t

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

BNP Paribas

Market Cap: €103.7b

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

Progressive

Market Cap: US$118.4b

Operates as an insurance company in the United States.

GSK

Market Cap: UK£85.6b

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.

Enbridge

Market Cap: CA$157.3b

Operates as an energy infrastructure company.

Zurich Insurance Group

Market Cap: CHF 83.6b

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

Comcast

Market Cap: US$106.6b

Operates as a media and technology company worldwide.

Adobe

Market Cap: US$98.8b

Operates as a technology company worldwide.

FedEx

Market Cap: US$93.6b

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

Barclays

Market Cap: UK£62.0b

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

ING Groep

Market Cap: €70.9b

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

Automatic Data Processing

Market Cap: US$80.7b

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

DoorDash

Market Cap: US$79.9b

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

Cigna Group

Market Cap: US$73.5b

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

NatWest Group

Market Cap: UK£49.9b

Provides banking and financial products and services in the United Kingdom and internationally.

China CITIC Bank

Market Cap: CN¥445.2b

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

Manulife Financial

Market Cap: CA$89.0b

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

Travelers Companies

Market Cap: US$64.0b

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.

SK Square

Market Cap: ₩92.4t

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

Phillips 66

Market Cap: US$62.7b

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

UCB

Market Cap: €50.2b

A biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide.

Sea

Market Cap: US$55.9b

Through its subsidiaries, operates as a technology company in Southeast Asia, Latin America, the rest of Asia, and internationally.

Allstate

Market Cap: US$55.8b

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

BASF

Market Cap: €46.1b

Operates as a chemical company worldwide.

Entergy

Market Cap: US$52.9b

Engages in the production and retail distribution of electricity in the United States.

Cardinal Health

Market Cap: US$50.4b

Operates as a healthcare services and products company in the United States and internationally.