Phil Mickelson shot a five-under 67 on Saturday and took a two-shot lead over Tiger Woods and Nick Watney at the HSBC Champions.

Mickelson tapped in at the 18th for his sixth birdie and finished three trips around the Sheshan International course at 14-under 202.

The stage was set for an exciting battle between the top-ranked players in the world after Woods scrambled for a closing par to shoot a two-under 70 and earn a spot in the final group Sunday.

Watney holed a long eagle putt at the 18th to also shoot 70 and join Woods at 12-under 204. He will play in the last threesome with Mickelson and Woods.

Mickelson won this tournament in 2007, while Woods was a runner-up in his previous two appearances. The event was added to the World Golf Championships -- and PGA Tour schedule -- this year.

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