年终排名进入倒计时！基金冠军提前落定，硬科技成夺冠关键

Group 1 - The core viewpoint of the article highlights the strong performance of public funds in the A-share market, particularly in the technology growth sector, driven by advancements in AI and the recovery of the new energy industry [1][3] - Over 90% of actively managed equity funds achieved positive returns this year, with more than 50 funds doubling their net value, led by Yongying Technology Smart A with a remarkable return of 231.72% [1][3] - The market outlook for 2026 remains optimistic, with expectations that AI investment opportunities will continue to expand into new technologies and trends, while the technology sector is anticipated to remain a key market driver [1][7] Group 2 - The top-performing funds this year include Yongying Technology Smart A, which leads with a return of 231.72%, followed by China Aviation Opportunity Leading A at 170.02% and Hongtu Innovation Emerging Industry A at 153.00% [2][3] - The majority of high-performing actively managed equity funds have significant holdings in the technology sector, indicating a strong focus on tech stocks among successful funds [4] - The regulatory framework is shifting towards emphasizing long-term performance, with new guidelines requiring that at least 80% of performance evaluation metrics for fund managers focus on long-term returns [5][6] Group 3 - The market is expected to adopt a more balanced and refined style in 2026, with opportunities in cyclical and consumer sectors as industrial price deflation pressures ease [7][8] - The technology sector is projected to remain a dominant theme, with companies that possess real technological barriers and commercialization capabilities likely to attract market interest [7][8] - The outlook for the bond market suggests narrow fluctuations, with a focus on trading opportunities, while industrial metals and gold are highlighted as key commodities to watch [8]