Zheng Xi Leads China's Active Equity Fund Rankings Amid Tech Investment Surge
In the second quarter of 2026, China's actively managed equity fund industry experienced a significant reshuffling, with Zheng Xi of E Fund Management emerging as the top manager. Zheng Xi's assets under management (AUM) reached 57.89 billion yuan, approximately $8.6 billion, surpassing former leader Zhang Kun. This shift is attributed to a strategic focus on technology, artificial intelligence, and semiconductor investments, which have delivered substantial returns. The industry saw a notable increase in managers overseeing at least 10 billion yuan, with 51 new entrants joining the ranks. This trend highlights the growing importance of tech-focused strategies in the equity fund sector.