Indonesian Transportation Defensive Blue Chips

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥147.3b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

China Tower

Market Cap: HK$169.9b

Provides telecommunication tower infrastructure services in the People's Republic of China.

Bunge Global

Market Cap: US$21.6b

Operates as an agribusiness and food company worldwide.

Dr. Sulaiman Al Habib Medical Services Group

Market Cap: ر.س81.2b

Provides private health and support services in the Kingdom of Saudi Arabia.

Bank Mandiri (Persero)

Market Cap: Rp384.5t

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

Technoprobe

Market Cap: €18.6b

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

Banco Santander (Brasil)

Market Cap: R$110.5b

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

Banco do Brasil

Market Cap: R$110.1b

Provides banking products and services for individuals, companies, and public sectors in Brazil and internationally.

ASPEED Technology

Market Cap: NT$683.6b

Operates as a fabless integrated circuit (IC) design company in Taiwan, China, the United States, and internationally.

Yihai Kerry Arawana Holdings

Market Cap: CN¥142.5b

Engages in the agriculture and food processing businesses in China.

BE Semiconductor Industries

Market Cap: €18.2b

Develops, manufactures, markets, sells, and services semiconductor assembly equipment for the semiconductor and electronics industries in the Netherlands, Switzerland, Austria, Singapore, Malaysia, and internationally.

Banco de Chile

Market Cap: CL$19.2t

Provides commercial banking services in Chile.

Tenet Healthcare

Market Cap: US$20.9b

Operates as a diversified healthcare services company in the United States.

CIMB Group Holdings Berhad

Market Cap: RM 85.3b

Provides various banking products and services in Malaysia and internationally.

Adani Energy Solutions

Market Cap: ₹2.0t

Generates, transmits, and distributes power in India.

SiTime

Market Cap: US$20.7b

Engages in the design, development, and sale of silicon timing systems solutions in Hong Kong, Taiwan, the United States, Singapore, and internationally.

Cellnex Telecom

Market Cap: €18.0b

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.

Bank of Ireland Group

Market Cap: €17.9b

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

Fortum Oyj

Market Cap: €17.9b

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

JCET Group

Market Cap: CN¥139.0b

Provides integrated-circuit back-end and technology services in China, South Korea, the United States, and internationally.

Bank of Nanjing

Market Cap: CN¥139.0b

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

Global Unichip

Market Cap: NT$664.0b

Engages in the research and development, production, testing, and sale of embedded memory and logic components, analog components, cell libraries, and EDA tools for various IC applications.

Straumann Holding

Market Cap: CHF 16.6b

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

Pernod Ricard

Market Cap: €17.4b

Produces and sells wines and spirits worldwide.

Mizrahi Tefahot Bank

Market Cap: ₪60.3b

Provides various banking services in Israel and internationally.

Tyson Foods

Market Cap: US$20.1b

Operates as a food company worldwide.

China United Network Communications

Market Cap: CN¥135.1b

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

Erste Bank Polska

Market Cap: zł74.0b

Provides various banking products and services for individuals, small or medium-sized enterprises, corporate clients, and public sector institutions.

Banco de Sabadell

Market Cap: €17.2b

Provides banking products and services in Spain, the United Kingdom, and Mexico.

MKS

Market Cap: US$19.8b

Provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.

CK Infrastructure Holdings

Market Cap: HK$154.5b

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.

Hwatsing Technology

Market Cap: CN¥132.8b

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

Luzhou LaojiaoLtd

Market Cap: CN¥132.7b

Produces and sells alcoholic products in China and internationally.

Associated British Foods

Market Cap: UK£14.5b

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

Bank of Shanghai

Market Cap: CN¥131.1b

Provides various banking products and services in China.

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a life insurance company in India.