Global Potentially Undervalued Companies

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

Hualan Biological Engineering

Market Cap: CN¥28.5b

A biopharmaceutical company, researches, develops, produces, and commercializes blood products, vaccines, and recombinant proteins in China and internationally.

Longfor Group Holdings

Market Cap: HK$67.1b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Overseas Property Holdings

Market Cap: HK$17.6b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥12.0b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Ganyuan Foods

Market Cap: CN¥5.5b

Engages in the research and development, production, and sale of snack foods in China.

Beijing New Building Materials

Market Cap: CN¥44.0b

Manufactures and sells building materials in China and internationally.

China National Building Material

Market Cap: HK$27.3b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

IPH

Market Cap: AU$1.2b

Provides intellectual property (IP) services and products.

Adaro Minerals Indonesia

Market Cap: Rp42.3t

Engages in metallurgical coal mining business in Indonesia.

Shenzhen Transsion Holdings

Market Cap: CN¥91.9b

Manufactures and sells smart devices in Africa and internationally.

Tsingtao Brewery

Market Cap: HK$88.6b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Proya CosmeticsLtd

Market Cap: CN¥32.4b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Middle East Healthcare

Market Cap: ر.س4.7b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

Xiamen C&D

Market Cap: CN¥29.1b

Engages in the supply chain and real estate development businesses in China and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥11.5b

Manufactures and sells steel structures and supporting products in China and internationally.

Sunshine Insurance Group

Market Cap: HK$38.2b

Provides various insurance products and related services in the People’s Republic of China.

Jiangsu Xinquan Automotive TrimLtd

Market Cap: CN¥22.2b

Designs, develops, manufactures, sells, and supplies auto parts in China.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.3b

Engages in the research and development, design, production, and sales of textile home furnishing, home furnishing and living products in China and internationally.

Acrow

Market Cap: AU$301.8m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

ANE (Cayman)

Market Cap: HK$9.0b

An investment holding company operates an express freight network in the less-than-truckload (LTL) market in China.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.5b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥8.9b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Luxi Chemical Group

Market Cap: CN¥20.2b

Manufactures and sells chemical and fertilizer products.

Sinoma International EngineeringLtd

Market Cap: CN¥22.7b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

China Resources Land

Market Cap: HK$193.6b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Trican Well Service

Market Cap: CA$841.2m

An equipment services company, provides various products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells in Canada.

Loomis

Market Cap: SEK 25.8b

Provides secure payment solutions in the United States, France, Switzerland, Spain, the United Kingdom, Sweden, and internationally.

INDUS Holding

Market Cap: €517.8m

A private equity firm specializing in mergers and acquisitions and corporate spin-offs.

DEME Group

Market Cap: €3.4b

Provides marine solutions in the fields of offshore energy, dredging, marine infrastructure, and environmental works in Belgium, Europe, Africa, the United States, Asia, Oceania, and the Middle East.

Lenovo Group

Market Cap: €113.3b

An investment holding company, develops, manufactures, and markets technology products and services.

M.P. Evans Group

Market Cap: €557.2m

Through its subsidiaries, owns and develops oil palm plantations in Indonesia and Malaysia.

PORR

Market Cap: €1.0b

Operates as a construction company in Austria, Germany, Poland, the Czech Republic, Italy, Romania, Switzerland, Serbia, Great Britain, Slovakia, Norway, Belgium, and internationally.

Argan

Market Cap: €1.7b

ARGAN is the only French real estate company specializing in the DEVELOPMENT & RENTAL OF PREMIUM WAREHOUSES listed on EURONEXT and is the leading player of its market in France.