Chinese Software Defensive Blue Chips

CPFL Energia

Market Cap: R$54.9b

Through its subsidiaries, operates as an energy company in Brazil.

Marico

Market Cap: ₹965.9b

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Taiwan Mobile

Market Cap: NT$329.7b

Provides telecommunications, broadband, retail, digital, and financial services in Taiwan and internationally.

Dino Polska

Market Cap: zł38.1b

Operates a network of medium-sized grocery supermarkets under the Dino brand in Poland.

BKW

Market Cap: CHF 8.1b

An energy and infrastructure company, plans, builds, and operates infrastructure to produce and supply energy to businesses, households, and the public sector in Switzerland, Germany, Italy, France, and internationally.

Rambus

Market Cap: US$10.2b

Manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Caixa Seguridade Participações

Market Cap: R$54.3b

Provides insurance products in Brazil and internationally.

Alibaba Health Information Technology

Market Cap: HK$78.7b

An investment holding company, engages in the pharmaceutical direct sales, pharmaceutical e-commerce platform, and healthcare and digital services businesses in Mainland China and Hong Kong.

Suzhou Centec Communications

Market Cap: CN¥69.2b

Engages in the research and development of ethernet switch chips and supporting products in China and internationally.

GAIL (India)

Market Cap: ₹939.4b

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

Max Healthcare Institute

Market Cap: ₹938.8b

Provides medical and healthcare services in India.

DaVita

Market Cap: US$10.0b

Provides kidney dialysis services for patients suffering from chronic kidney failure in the United States.