Hong Kong Materials Defensive Blue Chips

Ooredoo Q.P.S.C

Market Cap: ر.ق40.6b

Provides telecommunications services in Qatar, rest of the Middle East, Asia, and North Africa region.

Bangkok Bank

Market Cap: ฿365.5b

Provides various commercial banking products and services in Thailand and internationally.

Japan Post Insurance

Market Cap: JP¥1.8t

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

DaVita

Market Cap: US$11.1b

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

Seed Co

Market Cap: US$1.4b

Engages in the breeding, multiplication, and distribution of hybrid seeds in Africa.

Ryan Specialty Holdings

Market Cap: US$11.1b

Operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, rest of Europe, India, Singapore, and internationally.

Sanlam

Market Cap: R176.6b

Provides various financial services in South Africa, Pan-Africa, Asia, and internationally.

Beijing YanDong MicroElectronic

Market Cap: CN¥74.1b

Beijing YanDong MicroElectronic Co., Ltd.

UMB Financial

Market Cap: US$11.0b

Operates as a bank holding company that provides banking services and asset servicing in the United States and internationally.

KINGSEMI

Market Cap: CN¥73.9b

Engages in the research and development, production, sales, and service provision of semiconductor fabrication equipment in China and internationally.

Guangdong Haid Group

Market Cap: CN¥73.9b

Research, develops, designs, produces, sells, and services animal feed products in China and internationally.

Tata Consumer Products

Market Cap: ₹1.1t

Manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally.

SG Micro

Market Cap: CN¥73.5b

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.

Taiwan Mobile

Market Cap: NT$348.5b

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

Commercial Bank for Investment and Development of Vietnam

Market Cap: ₫287.0t

Provides various banking products and services in Vietnam and internationally.

Glaukos

Market Cap: US$10.9b

An ophthalmic pharmaceutical and medical technology company, develops therapies for the treatment of glaucoma, corneal disorders, and retinal diseases in the United States and internationally.

Caixa Seguridade Participações

Market Cap: R$56.1b

Provides insurance products in Brazil and internationally.

Marks and Spencer Group

Market Cap: UK£8.0b

Operates various retail stores.

Rockchip Electronics

Market Cap: CN¥72.9b

Operates as a fabless IC design company focusing on Intelligent IoT in China.

Popular

Market Cap: US$10.8b

Through its subsidiaries, provides various retail, mortgage, and commercial banking services for individuals and businesses in Puerto Rico, the United States, the British Virgin Islands, the Caribbean, and Latin America.

Unicaja Banco

Market Cap: €9.2b

Engages in the retail banking business in Spain.

Kikkoman

Market Cap: JP¥1.7t

Through its subsidiaries, engages in the manufacture and sale of food products in Japan and internationally.

Dairibord Holdings

Market Cap: US$1.4b

Manufactures, processes, markets, and distributes milk, food, and beverage products in Zimbabwe.

Globalstar

Market Cap: US$10.7b

Provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally.

BDO Unibank

Market Cap: ₱657.3b

Provides various banking products and services to individuals and corporations in the Philippines and internationally.

Budweiser Brewing Company APAC

Market Cap: HK$83.2b

An investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally.

Vienna Insurance Group

Market Cap: €9.1b

Engages in providing insurance products and services in Austria and internationally.

Ambuja Cements

Market Cap: ₹1.0t

Manufactures, markets, and sells cement and related products to individual home builders, developers, institutional clients, masons, contractors, architects, and construction professionals in India.

United Nova TechnologyLtd

Market Cap: CN¥70.8b

Manufactures and markets power discrete and modules in China and internationally.

Beazley

Market Cap: UK£7.7b

Through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe.

Interconexión Eléctrica E.S.P

Market Cap: Col$32.1t

Engages in the electric power, roads, and ICT and telecommunications business activities.

Universal Health Services

Market Cap: US$10.4b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Molina Healthcare

Market Cap: US$10.4b

Provides managed healthcare services to low-income families and individuals under the Medicaid and Medicare programs and through the state insurance marketplaces in the United States.

Darling Ingredients

Market Cap: US$10.4b

Develops, produces, and sells sustainable natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally.

Ensign Group

Market Cap: US$10.4b

Provides skilled nursing, senior living, and rehabilitative services.

SouthState Bank

Market Cap: US$10.4b

Operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.