Chinese Materials Defensive Blue Chips

KT&G

Market Cap: ₩17.9t

Engages in the production, distribution, and sale of tobacco products in South Korea, Europe, and internationally.

Erie Indemnity

Market Cap: US$12.8b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Jerónimo Martins SGPS

Market Cap: €11.1b

Operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally.

Anhui Conch Cement

Market Cap: CN¥85.0b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

LONGi Green Energy Technology

Market Cap: CN¥84.9b

Manufactures and sells monocrystalline silicon wafers, solar modules, and green hydrogen equipment in China, Europe, the Asia Pacific, and the United States.

Bank of Baroda

Market Cap: ₹1.2t

Provides various banking products and services to individuals, government departments, and corporate customers in India and internationally.

Pro Medicus

Market Cap: AU$17.7b

A healthcare informatics company, provides medical imaging software and services to hospitals, imaging centers, and health care groups in Australia, Europe, and North America.

Shanghai Rural Commercial Bank

Market Cap: CN¥84.4b

Engages in commercial banking business in China.

Penumbra

Market Cap: US$12.6b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Britannia Industries

Market Cap: ₹1.2t

Engages in manufacturing, trading, and sale of various food products in India and internationally.

Shanghai Biren Technology

Market Cap: HK$98.3b

Operates as a graphics processing unit (GPU) developer that researches and develops general computing systems.

Standard Life

Market Cap: UK£9.3b

Operates in the long-term savings and retirement business in Europe.

HDFC Life Insurance

Market Cap: ₹1.2t

Engages in the provision of individual and group insurance solutions in India.

Japan Post Insurance

Market Cap: JP¥2.0t

Engages in the provision of life insurance products and services in Japan.

Shanghai United Imaging Healthcare

Market Cap: CN¥82.6b

Shanghai United Imaging Healthcare Co., Ltd.

SG Micro

Market Cap: CN¥82.6b

Engages in the development, manufacturing and sales of comprehensive analog and mixed-signal integrated-circuit (IC) solutions in Mainland China, Hong Kong, Taiwan, and internationally.

Onto Innovation

Market Cap: US$12.3b

Engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.

Alpha Bank

Market Cap: €10.7b

Provides various banking and financial products and services in Greece and internationally.

Enpara Bank

Market Cap: ₺596.3b

Provides banking services and products in Turkey.

Brown-Forman

Market Cap: US$12.2b

Manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages.

Beijing Huafeng Test & Control TechnologyLtd

Market Cap: CN¥81.8b

Beijing Huafeng Test & Control Technology Co.,Ltd.

Almarai

Market Cap: ر.س45.7b

Operates as an integrated consumer food and beverage company in Saudi Arabia, other Gulf Cooperation Council countries, and internationally.

Encompass Health

Market Cap: US$12.1b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Far EasTone Telecommunications

Market Cap: NT$385.8b

Provides mobile telecommunications services in Taiwan and internationally.

Arab National Bank

Market Cap: ر.س45.5b

Provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally.

Bank of Chengdu

Market Cap: CN¥81.1b

Provides various banking products and services in China.

China Resources Microelectronics

Market Cap: CN¥80.7b

Engages in the manufacture and sale of semiconductors in China and internationally.

Henan Shuanghui Investment & DevelopmentLtd

Market Cap: CN¥80.7b

Henan Shuanghui Investment & Development Co.,Ltd.

National Silicon Industry Group

Market Cap: CN¥80.7b

National Silicon Industry Group Co., Ltd.

Caixa Seguridade Participações

Market Cap: R$61.9b

Provides insurance products in Brazil and internationally.

HKT Trust and HKT

Market Cap: HK$94.4b

An investment holding company, engages in the provision of technology, and satellite-and network-based telecommunications and related services in Hong Kong, Mainland China, and internationally.

CP ALL

Market Cap: ฿401.0b

Operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally.

Chiba Bank

Market Cap: JP¥1.9t

Provides banking products and services in Japan and internationally.

GAIL (India)

Market Cap: ₹1.1t

Operates as a natural gas processing and distribution company in India and internationally.

Amkor Technology

Market Cap: US$11.9b

Provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, and the Asia Pacific.

Tele2

Market Cap: SEK 117.0b

Provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia.