Vietnamese Telecom Defensive Blue Chips

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥133.2b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Telenor

Market Cap: NOK 193.0b

Operates as a telecommunication company worldwide.

Adani Energy Solutions

Market Cap: ₹1.9t

Generates, transmits, and distributes power in India.

Banco de Chile

Market Cap: CL$18.1t

Provides commercial banking services in Chile.

Alinma Bank

Market Cap: ر.س72.7b

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

NMBZ Holdings

Market Cap: US$2.5b

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

Banco Santander (Brasil)

Market Cap: R$100.2b

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

Yihai Kerry Arawana Holdings

Market Cap: CN¥130.4b

Engages in the agriculture and food processing businesses in China.

Bank of Ireland Group

Market Cap: €16.6b

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

Federal Home Loan Mortgage

Market Cap: US$18.9b

Operates in the secondary mortgage market in the United States.

CK Infrastructure Holdings

Market Cap: HK$148.0b

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.

Bank of Nanjing

Market Cap: CN¥127.8b

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

SBI Life Insurance

Market Cap: ₹1.8t

Operates as a private life insurance company in India.

Lattice Semiconductor

Market Cap: US$18.7b

Develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.

Enpara Bank

Market Cap: ₺873.3b

Provides banking services and products in Turkey.

China United Network Communications

Market Cap: CN¥126.9b

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

SiTime

Market Cap: US$18.6b

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

Bank of Shanghai

Market Cap: CN¥125.9b

Provides various banking products and services in China.

Telia Company

Market Cap: SEK 179.1b

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

OmniVision Integrated Circuits Group

Market Cap: CN¥125.7b

Engages in the design, development, and sale of integrated circuits and computer software and hardware in China and internationally.

Wilson Bank Holding

Market Cap: US$18.4b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in the United States.

Pernod Ricard

Market Cap: €16.1b

Produces and sells wines and spirits worldwide.

Skyverse Technology

Market Cap: CN¥124.7b

Manufactures and sells quality control equipment to enterprises involved in the front-end integrated circuit processes and packaging in China and internationally.

Koninklijke KPN

Market Cap: €15.9b

Provides telecommunications and information technology (IT) services in the Netherlands.

National Silicon Industry Group

Market Cap: CN¥123.8b

National Silicon Industry Group Co., Ltd.

Varun Beverages

Market Cap: ₹1.7t

Manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.

GlobalWafers

Market Cap: NT$576.1b

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

Associated British Foods

Market Cap: UK£13.5b

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

Vodacom Group

Market Cap: R291.7b

Provides communications products and services in South Africa, Egypt, Kenya, and internationally.

SinoPac Financial Holdings

Market Cap: NT$572.4b

Through its subsidiaries, provides banking services worldwide.

Banco Comercial Português

Market Cap: €15.7b

Engages in the provision of various banking and financial products and services in Portugal and internationally.

Wilmar International

Market Cap: S$23.1b

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

Erste Bank Polska

Market Cap: zł66.9b

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

CEMEX. de

Market Cap: Mex$309.6b

Engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide.

East West Bancorp

Market Cap: US$17.7b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

IHH Healthcare Berhad

Market Cap: RM 72.2b

An investment holding company, provides healthcare services in Singapore, Malaysia, India, Greater China, Japan, Türkiye and Europe, and internationally.