Feng carded nine birdies in a bogey-free round for a total of 21-under 198, just ahead of American Stacy Lewis. Feng is the only Chinese major winner, and was in a two-way duel with Lewis all day before grabbing the outright lead with a birdie on 16. Both players added birdies on the final two holes.
Top-ranked Inbee Park was another four strokes back in third after finishing with four straight birdies for a 66.
Australia's Karrie Webb was seven shots back in fourth. Overnight leader Jessica Korda of the U.S. slipped to sixth after a 76 that included a double bogey and four bogeys.
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