Hong Kong Potentially Undervalued Small Caps

Amuse Group Holding

Market Cap: HK$44.1m

An investment holding company, designs, markets, distributes, and sells toys and related products in Hong Kong, Japan, the United States, the People’s Republic of China, Taiwan, South Korea, Germany, Australia, Italy, France, and internationally.

Zhejiang Tengy Environmental Technology

Market Cap: HK$270.0m

Designs, develops, manufactures, installs, and sells environmental pollution prevention equipment and electronic products in Mainland China and internationally.