Hong Kong Tech Defensive Blue Chips

Orkla

Market Cap: NOK 103.3b

Operates as an industrial investment company within brands and consumer-oriented businesses worldwide.

Manila Electric

Market Cap: ₱685.3b

Manila Electric Company holds a congressional franchise to construct, operate, and maintain an electric distribution system in the Philippines.

Skyworks Solutions

Market Cap: US$11.1b

Develops, manufactures, and markets analog and mixed-signal semiconductor products and solutions in the United States, Taiwan, China, South Korea, Europe, the Middle East, Africa, and the Asia Pacific.

GAIL (India)

Market Cap: ₹1.1t

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

Industrial Bank of Korea

Market Cap: ₩16.7t

Operates as a small and medium-sized enterprise (SME) financing bank in Korea and internationally.

Chongqing Rural Commercial Bank

Market Cap: HK$86.4b

Provides banking and related financial services in the People’s Republic of China.

Guangdong Haid Group

Market Cap: CN¥74.6b

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

Discovery

Market Cap: R180.3b

Provides various insurance products and services primarily in South Africa and the United Kingdom.

Far EasTone Telecommunications

Market Cap: NT$344.5b

Provides mobile telecommunications services in Taiwan and internationally.

GlobalWafers

Market Cap: NT$342.8b

Researches, develops, designs, manufactures and sells semiconductor ingots/wafers in Taiwan and internationally.

Insulet

Market Cap: US$10.9b

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

Taiwan Mobile

Market Cap: NT$339.4b

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

Sanlam

Market Cap: R176.6b

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

TIM

Market Cap: R$53.7b

Engages in the telecommunications sector in Brazil.

Sichuan Chuantou EnergyLtd

Market Cap: CN¥72.4b

Engages in the clean energy business in China.

Globalstar

Market Cap: US$10.7b

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

Zhejiang Jingsheng Mechanical & Electrical

Market Cap: CN¥72.0b

Zhejiang Jingsheng Mechanical & Electrical Co., Ltd.

Kokusai Electric

Market Cap: JP¥1.7t

Engages in the development, manufacture, sale, repair, and maintenance of semiconductor manufacturing equipment worldwide.

Quebecor

Market Cap: CA$14.6b

Engages in the telecommunications, media, and sports and entertainment businesses in Canada.

Tanganda Tea

Market Cap: US$1.4b

Engages in the production, package, and distribution of tea and coffee products in Zimbabwe.

Tsingtao Brewery

Market Cap: CN¥71.9b

Engages in the manufacture and sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

China Resources Beer (Holdings)

Market Cap: HK$82.1b

An investment holding company, engages in the manufacture, distribution, and sale of alcoholic beverages in Mainland China.

SICC

Market Cap: CN¥71.0b

Engages in the research, development, production, and sale of silicon carbide substrate materials in China and internationally.

Chiba Bank

Market Cap: JP¥1.7t

Provides banking products and services in Japan and internationally.

Caixa Seguridade Participações

Market Cap: R$52.4b

Provides insurance products in Brazil and internationally.

Max Healthcare Institute

Market Cap: ₹995.9b

Provides medical and healthcare services in India.

Japan Post Insurance

Market Cap: JP¥1.7t

Provides life insurance products and services in Japan.

BUA Cement

Market Cap: ₦14.2t

Engages in the manufacture, sale and distribution of cement and related products under the BUA Cement brand in Nigeria and internationally.

Encompass Health

Market Cap: US$10.4b

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

SD Guthrie Berhad

Market Cap: RM 41.1b

Operates as an integrated plantations company in Malaysia and internationally.

Smithfield Foods

Market Cap: US$10.3b

Produces various packaged meats and fresh pork products in the United States and internationally.

Vietnam Commercial Bank for Industry and Trade

Market Cap: ₫270.3t

Provides various banking products and services in Vietnam and internationally.

Lotus Bakeries

Market Cap: €8.8b

Provides various snack products in Belgium and internationally.

BIM Birlesik Magazalar

Market Cap: ₺465.7b

Operates retail stores in Turkey, Morocco, and Egypt.

Beazley

Market Cap: UK£7.6b

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

SG Micro

Market Cap: CN¥68.9b

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.