Nearly a thousand actively-managed equity funds hit record high net asset values, with the technology boom being the core driver of value recovery.

In the past two years, the stock market of technology stocks represented by artificial intelligence and semiconductors has continued to heat up, becoming the core driving force behind the structural recovery of the A-share market. In this round of the market, a group of active equity funds have delivered impressive results by strategically positioning themselves in the technology sector. Wind data shows that in the past week, a total of 906 active equity funds have reached new highs since their establishment. It is worth mentioning that veteran investors such as Fu Pengbo, Xie Zhiyu, Xiao Nan, and Feng Mingyuan have also recently refreshed their historical highs. The net asset value curve of these funds has followed a complete "U-shaped" path in the past 5 years - falling from the peak into a deep pit, and then gradually climbing back to new highs. This is due to the rotation of market styles, the succession of industry waves, and the perseverance of some active fund managers in adhering to their original investment framework in adversity.