Chinese Utilities Defensive Blue Chips

China United Network Communications

Market Cap: CN¥169.8b

Provides various telecommunication services in the People’s Republic of China.

BNP Paribas Fortis

Market Cap: €20.3b

Provides various financial services in Belgium, Turkey, Luxembourg, and internationally.

Shinhan Financial Group

Market Cap: ₩32.6t

Provides financial products and services in South Korea and internationally.

Yihai Kerry Arawana Holdings

Market Cap: CN¥168.8b

Engages in the agriculture and food processing businesses in China.

Cincinnati Financial

Market Cap: US$23.4b

Provides property casualty insurance products in the United States.

Huaneng Lancang River Hydropower

Market Cap: CN¥166.9b

Engages in the development, construction, operation, and management of hydropower projects.

Renesas Electronics

Market Cap: JP¥3.4t

Researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally.

ASE Technology Holding

Market Cap: NT$671.5b

Provides semiconductor manufacturing services in assembly and testing in the United States, Taiwan, Europe, Asia, and internationally.

STERIS

Market Cap: US$22.7b

Provides infection prevention products and services worldwide.

QBE Insurance Group

Market Cap: AU$34.4b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

OTP Bank Nyrt

Market Cap: Ft7.7t

Provides commercial banking services to individuals, municipalities, corporations, and enterprises.

Capitec Bank Holdings

Market Cap: R400.8b

Through its subsidiaries, provides various banking products and services in South Africa.

GlobalFoundries

Market Cap: US$22.2b

A semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide.

Riyad Bank

Market Cap: ر.س83.0b

Provides banking and investment services in the Kingdom of Saudi Arabia.

Labcorp Holdings

Market Cap: US$22.0b

Provides laboratory services.

Pro Medicus

Market Cap: AU$33.5b

A healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe.

CLP Holdings

Market Cap: HK$171.2b

An investment holding company, engages in the generation, retail, transmission, and distribution of electricity in Hong Kong, Mainland China, India, Thailand, Taiwan, and Australia.

CMS Energy

Market Cap: US$21.8b

Operates as an energy company primarily in Michigan.

Coloplast

Market Cap: DKK 140.0b

Engages in the development and sale of intimate healthcare products and services in Denmark, the United States, the United Kingdom, France, and internationally.

Sigma Healthcare

Market Cap: AU$33.2b

Operates as a pharmaceutical wholesaler, distributor, and pharmacy franchisor in Australia and internationally.

Straumann Holding

Market Cap: CHF 17.3b

Provides tooth replacement and orthodontic solutions worldwide.

Citizens Financial Group

Market Cap: US$21.4b

Operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions in the United States.

Mega Financial Holding

Market Cap: NT$634.1b

Provides various financial services in Taiwan.

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a private life insurance company in India.

Gulf Development

Market Cap: ฿694.7b

Generates and sells electricity and steam to public and private clients in Thailand and internationally.

Associated British Foods

Market Cap: UK£15.9b

Operates as a diversified food, ingredients, and retail company worldwide.

Resona Holdings

Market Cap: JP¥3.2t

Through its subsidiaries, provides retail and commercial banking products and services in Japan and internationally.

Telenor

Market Cap: NOK 215.3b

Operates as a telecommunication company worldwide.

Standard Bank Group

Market Cap: R376.8b

Provides financial products and services in South Africa and internationally.

Eastroc Beverage(Group)

Market Cap: CN¥150.9b

Engages in the research and development, production, and sales of beverages in China.

OmniVision Integrated Circuits Group

Market Cap: CN¥150.4b

OmniVision Integrated Circuits Group, Inc.

Bank of Shanghai

Market Cap: CN¥149.5b

Provides various personal and corporate banking products and services in China.

Ørsted

Market Cap: DKK 133.8b

Owns, develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage and renewable hydrogen facilities, and bioenergy plants.

Federal Home Loan Mortgage

Market Cap: US$20.8b

Operates in the secondary mortgage market in the United States.

KeyCorp

Market Cap: US$20.7b

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States.

Insulet

Market Cap: US$20.4b

Develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes in the United States and internationally.