Hong Kong Software Defensive Blue Chips

CK Infrastructure Holdings

Market Cap: HK$130.3b

An infrastructure company, invests in, develops, and operates infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States.

Bunge Global

Market Cap: US$16.5b

Operates as an agribusiness and food company worldwide.

Coca-Cola HBC

Market Cap: UK£12.2b

Engages in the production, sale, and distribution of non-alcoholic ready-to-drink beverages under franchise in Switzerland, West Coast of Ireland, Central and Eastern Europe, Nigeria, and internationally.

Sonova Holding

Market Cap: CHF 13.1b

Manufactures and sells hearing care solutions for children and adults in Switzerland, the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Fidelity National Financial

Market Cap: US$16.4b

Provides various insurance products in the United States.

JBS

Market Cap: US$16.4b

Operates as a protein and food company worldwide.

Bank of Beijing

Market Cap: CN¥116.5b

Provides various banking services to personal and corporate customers in China.

Erie Indemnity

Market Cap: US$16.3b

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

Grupo Financiero Inbursa. de

Market Cap: Mex$298.9b

Provides various financial products and services to individuals and businesses in Mexico.

Britannia Industries

Market Cap: ₹1.4t

Manufactures and sells various food products in India and internationally.

Aier Eye Hospital Group

Market Cap: CN¥114.7b

Operates eye care hospitals and institutions.

bioMérieux

Market Cap: €13.7b

Develops and markets in vitro diagnostic solutions for infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Bank of Ireland Group

Market Cap: €13.7b

Provides banking and other financial services in the Republic of Ireland, the United Kingdom, and internationally.

Emirates Islamic Bank PJSC

Market Cap: د.إ58.9b

Provides banking products and services financing and investing instruments in the United Arab Emirates and internationally.

Performance Food Group

Market Cap: US$16.0b

Through its subsidiaries, engages in the marketing and distribution of food and food-related products in North America.

Attijariwafa bank

Market Cap: د.م146.1b

Provides banking products and services for retail, professionals, corporates, and institutional clients in Africa, Europe, and the Middle East.

Ambuja Cements

Market Cap: ₹1.4t

Manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India.

First Mutual Holdings

Market Cap: US$2.0b

Provides life assurance, non-life insurance in Zimbabwe.

Mediobanca Banca di Credito Finanziario

Market Cap: €13.5b

Provides various banking products and services in Italy and internationally.

Kansai Electric Power Company

Market Cap: JP¥2.3t

Engages in electricity, gas and heat supply, and telecommunication and gas supply in Japan.

Smith & Nephew

Market Cap: UK£11.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

Bank of Hangzhou

Market Cap: CN¥110.7b

Provides various banking products and services to individuals, corporate, and small and micro businesses in China.

Fresenius Medical Care

Market Cap: €13.2b

Provides dialysis and related services for individuals with renal diseases in Germany, the United States, and internationally.

Banco de Chile

Market Cap: CL$14.8t

Operates as a commercial bank that provides banking services in Chile.

Unipol Assicurazioni

Market Cap: €13.1b

Provides insurance products and services primarily in Italy.

Tryg

Market Cap: DKK 96.8b

Provides insurance products and services for private and corporate customers, and small and medium-sized businesses in Denmark, Sweden, the United Kingdom, and Norway.

MTN Group

Market Cap: R262.0b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Jerónimo Martins SGPS

Market Cap: €12.9b

Operates in the food distribution and specialized retail sectors in Portugal, Poland, Colombia, and internationally.

Qatar Islamic Bank (Q.P.S.C.)

Market Cap: ر.ق55.1b

Provides corporate, retail, and investment banking products and services in Qatar and internationally.

Bank of Baroda

Market Cap: ₹1.3t

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

Grupo Bimbo. de

Market Cap: Mex$277.7b

Produces, distributes, and sells various bakery products.

Hologic

Market Cap: US$14.9b

Engages in the development, manufacture, and supply of diagnostics products, medical imaging systems, and surgical products for women's health through early detection and treatment worldwide.

Vodacom Group

Market Cap: R257.7b

Provides communications products and services.

TS Financial Holding

Market Cap: NT$452.6b

Provides various financial products and services.

Guangdong Haid Group

Market Cap: CN¥105.7b

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

Telia Company

Market Cap: SEK 139.6b

Provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia.