In the first three quarters of 2026, China's A-share public fund performance rankings show that driven by domestic semiconductor substitution and the AI hashrate wave, both actively managed equity funds and index funds were led by semiconductor themes. Among them, the fund managed by E Fund's Yang Zongchang saw a performance increase of 111.62%. QDII funds presented a duel between crude oil and semiconductors, with E Fund Crude Oil A USD Spot leading at 86.47%. Additionally, pharmaceutical theme funds showed a strong recovery, and bond funds saw Huashang's Zhang Yongzhi sweep the top three.