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Fat Prophets Global Contrarian Fund Ltd. ( (AU:FPC) ) just unveiled an update.
Fat Prophets Global Contrarian Fund reported a strong performance in November, driven by a rebound in Chinese technology stocks and precious metals. The fund’s net tangible asset backing increased, with significant contributions from gold, silver, and platinum producers. The company sees potential in the Chinese tech sector and has increased its holdings in major tech companies like Baidu and Alibaba. Additionally, the fund has added exposure to the US housing sector and the leading EV manufacturer BYD, anticipating a cyclical upswing in 2026. The overall market outlook remains positive, with expectations of a strong finish for risk assets by year-end.
More about Fat Prophets Global Contrarian Fund Ltd.
Fat Prophets Global Contrarian Fund Ltd. operates in the financial services industry, focusing on investment management. The company provides a diversified portfolio of global investments, with a market focus on contrarian investment strategies, aiming to capitalize on undervalued opportunities across various sectors.
Average Trading Volume: 31,776
Technical Sentiment Signal: Buy
See more insights into FPC stock on TipRanks’ Stock Analysis page.