Indonesian Media Defensive Blue Chips

Yihai Kerry Arawana Holdings

Market Cap: CN¥145.7b

Engages in the agriculture and food processing businesses in China.

Tyson Foods

Market Cap: US$21.5b

Operates as a food company worldwide.

Bank of Nanjing

Market Cap: CN¥145.6b

Engages in the provision of various financial products and services in China.

Riyad Bank

Market Cap: ر.س80.8b

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

China Jushi

Market Cap: CN¥145.4b

Manufactures and sells fiberglass and related products in China and internationally.

Bank Mandiri (Persero)

Market Cap: Rp388.3t

Provides various banking products and services to individuals and businesses in Indonesia, Singapore, Malaysia, Hong Kong, Timor Leste, Shanghai, England, and the Cayman Islands.

Abu Dhabi Islamic Bank PJSC

Market Cap: د.إ78.2b

Provides banking, financing, and investing services in the United Arab Emirates, rest of the Middle East, and internationally.

Raiffeisen Bank International

Market Cap: €18.5b

Offers banking services to corporate, retail, and institutional customers.

Cellnex Telecom

Market Cap: €18.2b

Engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria.

Adani Energy Solutions

Market Cap: ₹2.0t

Generates, transmits, and distributes power in India.

China United Network Communications

Market Cap: CN¥140.1b

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

CIMB Group Holdings Berhad

Market Cap: RM 84.6b

Provides various banking products and services in Malaysia and internationally.

Banco de Chile

Market Cap: CL$19.1t

Provides commercial banking services in Chile.

Telefônica Brasil

Market Cap: R$104.0b

Operates as a mobile telecommunications company in Brazil.

Bank of Shanghai

Market Cap: CN¥136.3b

Provides various banking products and services in China.

CK Infrastructure Holdings

Market Cap: HK$157.6b

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.

Straumann Holding

Market Cap: CHF 16.3b

Provides tooth replacement and orthodontic solutions in Switzerland, the United States, China, Germany, Brazil, Japan, France, and internationally.

Fortum Oyj

Market Cap: €17.4b

Engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally.

Pernod Ricard

Market Cap: €17.2b

Produces and sells wines and spirits worldwide.

Luzhou LaojiaoLtd

Market Cap: CN¥133.3b

Produces and sells alcoholic products in China and internationally.

SBI Life Insurance

Market Cap: ₹1.9t

Operates as a life insurance company in India.

S.P.E.E.H. Hidroelectrica

Market Cap: RON 90.0b

Produces and supplies electricity from hydroelectric and wind sources in Romania.

Associated British Foods

Market Cap: UK£14.7b

Engages in the food, ingredients, and retail businesses worldwide.

Uniper

Market Cap: €17.1b

Operates as an energy company in Germany, the United Kingdom, Sweden, the rest of Europe, and internationally.

Hwatsing Technology

Market Cap: CN¥132.4b

Engages in the research, development, production, sales, and technical services of semiconductor equipment in China and internationally.

Bank of Ireland Group

Market Cap: €17.0b

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

NMBZ Holdings

Market Cap: US$2.5b

Provides various banking products and services to corporate and individual customers in Zimbabwe.

Arca Continental. de

Market Cap: Mex$336.1b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Telenor

Market Cap: NOK 184.1b

Operates as a telecommunication company worldwide.

Wilmar International

Market Cap: S$24.7b

Operates as an agribusiness company in Singapore, the People's Republic of China, Indonesia, Malaysia, Australia, Europe, South Africa, Nigeria, Vietnam, India, and internationally.

MACOM Technology Solutions Holdings

Market Cap: US$19.0b

Provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum.

Technoprobe

Market Cap: €16.5b

Produces and sells electronic circuits in Italy, Asia, the United States, and rest of Europe.

Saudi Energy

Market Cap: ر.س70.6b

Generates, transmits, and distributes electricity in the Kingdom of Saudi Arabia.

Mizrahi Tefahot Bank

Market Cap: ₪57.8b

Provides various banking services in Israel and internationally.

Banco Santander (Brasil)

Market Cap: R$96.0b

Provides various banking products and services to individuals, small and medium enterprises, and corporate customers in Brazil and internationally.

E.SUN Financial Holding Company

Market Cap: NT$609.8b

Offers various financial banking products and services in Taiwan.