NPORT-EX 2 iShares_MSCI_China_ETF.htm iShares MSCI China ETF

Schedule of Investments  (unaudited) 

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  

Common Stocks

    

Aerospace & Defense — 0.2%

 

AECC Aviation Power Co. Ltd., Class A

     376,999     $ 1,087,567  

AVIC Aircraft Co. Ltd., Class A

     411,300       930,258  

AVIC Shenyang Aircraft Co. Ltd.,
Class A(a)

    136,799       547,005  

AviChina Industry & Technology Co. Ltd., Class H

     5,472,000       2,495,614  

China Avionics Systems Co. Ltd., Class A

     271,167       527,680  

China Spacesat Co. Ltd., Class A

     239,400       689,940  
   

 

 

  
      6,278,064  
Air Freight & Logistics — 0.5%            

BEST Inc., ADR(a)

    387,144       2,326,735  

SF Holding Co. Ltd., Class A

     239,883       1,294,968  

Sinotrans Ltd., Class H

     4,788,000       1,492,475  

Yunda Holding Co. Ltd., Class A

     203,601       841,924  

ZTO Express Cayman Inc., ADR

     654,588       13,929,633  
   

 

 

  
        19,885,735  
Airlines — 0.3%            

Air China Ltd., Class A

     788,092       947,287  

Air China Ltd., Class H

     3,420,000       3,110,779  

China Eastern Airlines Corp. Ltd., Class A(a)

    1,470,696       1,071,126  

China Eastern Airlines Corp. Ltd., Class H(a)

    3,420,000       1,734,521  

China Southern Airlines Co. Ltd., Class A

     1,231,197       1,157,649  

China Southern Airlines Co. Ltd., Class H(b)

    3,420,000       2,136,476  

Spring Airlines Co. Ltd., Class A

     136,885       784,514  
   

 

 

  
      10,942,352  
Auto Components — 0.2%            

Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A

     34,195       408,592  

China First Capital Group Ltd.(a)(c)

    6,156,000       322,437  

China Shipbuilding Industry Group Power Co. Ltd., Class A(a)

    239,936       749,848  

Fuyao Glass Industry Group Co. Ltd., Class A

     274,198       867,065  

Fuyao Glass Industry Group Co. Ltd., Class H(d)

    1,095,200       3,231,979  

Huayu Automotive Systems Co. Ltd., Class A

     411,217       1,516,191  

Nexteer Automotive Group Ltd.

     1,710,000       1,433,055  

Shandong Linglong Tyre Co. Ltd., Class A

     205,200       598,966  

Weifu High-Technology Group Co. Ltd., Class A

     171,000       452,436  
   

 

 

  
      9,580,569  
Automobiles — 1.5%            

BAIC Motor Corp. Ltd., Class H(d)

    3,420,000       1,918,022  

Brilliance China Automotive Holdings Ltd.(b)

    6,262,000       6,463,794  

BYD Co. Ltd., Class A

     237,359       1,465,019  

BYD Co. Ltd., Class H(b)

    1,368,000       6,492,440  

Chongqing Changan Automobile Co. Ltd., Class A

     478,796       580,280  

Dongfeng Motor Group Co. Ltd., Class H

     5,472,000       5,256,867  

Geely Automobile Holdings Ltd.

     10,602,000       19,828,594  

Great Wall Motor Co. Ltd., Class H(b)

    6,498,000       5,022,248  

Guangzhou Automobile Group Co. Ltd., Class A

     342,000       574,545  

Guangzhou Automobile Group Co. Ltd., Class H

     6,156,400       6,575,006  

NIO Inc., ADR(a)(b)

    1,364,922       3,098,373  

SAIC Motor Corp. Ltd., Class A

     957,685       3,167,331  
   

 

 

  
      60,442,519  
Banks — 12.2%            

Agricultural Bank of China Ltd., Class A

     9,918,000       5,107,172  

Agricultural Bank of China Ltd., Class H

     58,482,000       23,683,426  

Bank of Beijing Co. Ltd., Class A

     2,735,999       2,163,907  

Bank of Chengdu Co. Ltd., Class A

     544,793       661,816  

Bank of China Ltd., Class A

     4,514,400       2,331,065  

Bank of China Ltd., Class H

     162,792,000       65,301,891  
Security   Shares     Value  
Banks (continued)            

Bank of Communications Co. Ltd., Class A

     4,990,793     $ 3,911,731  

Bank of Communications Co. Ltd., Class H

     17,784,200       11,677,786  

Bank of Guiyang Co. Ltd., Class A

     544,757       713,691  

Bank of Hangzhou Co. Ltd., Class A

     754,000       934,194  

Bank of Jiangsu Co. Ltd., Class A

     1,607,478       1,577,764  

Bank of Nanjing Co. Ltd., Class A

     1,162,800       1,367,913  

Bank of Ningbo Co. Ltd., Class A

     718,275       2,715,773  

Bank of Shanghai Co. Ltd., Class A

     1,846,833       2,414,298  

China CITIC Bank Corp. Ltd., Class A

     1,026,000       875,682  

China CITIC Bank Corp. Ltd., Class H

     17,784,800       9,724,243  

China Construction Bank Corp., Class A

     1,231,209       1,243,477  

China Construction Bank Corp., Class H

     198,360,000       157,872,032  

China Everbright Bank Co. Ltd., Class A

     5,027,400       2,953,529  

China Everbright Bank Co. Ltd., Class H

     6,498,000       2,805,818  

China Merchants Bank Co. Ltd., Class A

     2,565,051       13,146,436  

China Merchants Bank Co. Ltd., Class H

     8,037,150       37,989,786  

China Minsheng Banking Corp. Ltd., Class A

     4,614,970       4,050,436  

China Minsheng Banking Corp. Ltd., Class H

     14,364,160       10,000,916  

Chongqing Rural Commercial Bank Co. Ltd., Class H

     5,130,000       2,549,353  

Huaxia Bank Co. Ltd., Class A

     1,778,491       1,879,699  

Industrial & Commercial Bank of China Ltd., Class A

     7,113,600       5,858,896  

Industrial & Commercial Bank of China Ltd., Class H

     133,380,000       95,079,736  

Industrial Bank Co. Ltd., Class A

     2,599,200       6,984,244  

Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A

     376,200       432,392  

Ping An Bank Co. Ltd., Class A

     2,154,655       4,686,331  

Postal Savings Bank of China Co. Ltd., Class H(d)

    16,416,000       10,653,544  

Shanghai Pudong Development Bank Co. Ltd., Class A.

     3,659,494       6,199,841  
   

 

 

  
        499,548,818  
Beverages — 1.6%            

Anhui Gujing Distillery Co. Ltd., Class A

     34,196       526,126  

Anhui Kouzi Distillery Co. Ltd., Class A

     102,600       785,924  

Beijing Shunxin Agriculture Co. Ltd., Class A

     102,600       730,465  

China Resources Beer Holdings Co. Ltd.

     2,736,000       14,330,555  

Jiangsu King’s Luck Brewery JSC Ltd., Class A

     171,000       734,113  

Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A

     205,297       2,867,462  

Kweichow Moutai Co. Ltd., Class A

     155,806       25,022,223  

Luzhou Laojiao Co. Ltd., Class A

     205,200       2,386,233  

Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A

     136,776       1,738,215  

Sichuan Swellfun Co. Ltd., Class A

     68,400       548,469  

Tsingtao Brewery Co. Ltd., Class A

     68,563       494,379  

Tsingtao Brewery Co. Ltd., Class H

     894,000       5,527,719  

Wuliangye Yibin Co. Ltd., Class A

     478,891       8,688,902  
   

 

 

  
      64,380,785  
Biotechnology — 0.4%            

3SBio Inc.(a)(b)(d)

    2,736,000       3,949,641  

Beijing Tiantan Biological Products Corp. Ltd., Class A

     171,000       642,653  

BGI Genomics Co. Ltd., Class A

     68,399       576,872  

Chongqing Zhifei Biological Products Co. Ltd., Class A

    168,540       1,062,073  

Hualan Biological Engineering Inc., Class A

     205,200       976,677  

Innovent Biologics Inc.(a)(d)

    1,539,000       5,387,065  

Shenzhen Kangtai Biological Products Co. Ltd., Class A

     68,595       745,769  

Walvax Biotechnology Co. Ltd., Class A

     205,597       883,225  
   

 

 

  
      14,223,975  
Building Products — 0.1%            

Beijing New Building Materials PLC, Class A

     239,398       760,086  
 

 

 

     1  

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Building Products (continued)            

China Lesso Group Holdings Ltd.

     2,052,000     $ 2,149,583  
   

 

 

  
      2,909,669  
Capital Markets — 1.9%            

Anxin Trust Co. Ltd., Class A(a)

    718,200       406,608  

Caitong Securities Co. Ltd., Class A

     479,900       651,249  

Changjiang Securities Co. Ltd., Class A

     822,736       730,286  

China Cinda Asset Management Co. Ltd., Class H

     18,126,000       3,774,441  

China Ding Yi Feng Holdings Ltd.(a)(c)

    2,256,000       28,821  

China Everbright Ltd.

     2,052,000       3,303,018  

China Galaxy Securities Co. Ltd., Class H

     7,353,000       3,738,615  

China Huarong Asset Management Co. Ltd., Class H(d)

    20,862,000       3,038,252  

China International Capital Corp. Ltd., Class H(d)

    2,736,000       4,711,607  

China Merchants Securities Co. Ltd., Class A

     752,468       1,763,977  

CITIC Securities Co. Ltd., Class A

     1,289,475       3,927,149  

CITIC Securities Co. Ltd., Class H

     4,104,000       7,623,156  

CSC Financial Co. Ltd., Class A

     341,999       1,089,248  

Dongxing Securities Co. Ltd., Class A

     376,194       579,546  

East Money Information Co. Ltd., Class A

     887,140       1,747,792  

Everbright Securities Co. Ltd., Class A

     514,199       819,945  

First Capital Securities Co. Ltd., Class A

     513,000       524,679  

Founder Securities Co. Ltd., Class A

     1,060,199       1,008,931  

GF Securities Co. Ltd., Class A(a)

    784,199       1,488,092  

GF Securities Co. Ltd., Class H

     2,804,400       3,002,251  

Guosen Securities Co. Ltd., Class A

     514,133       830,810  

Guotai Junan Securities Co. Ltd., Class A

     957,600       2,276,189  

Guotai Junan Securities Co. Ltd., Class H(d)

    1,641,600       2,495,614  

Guoyuan Securities Co. Ltd., Class A

     478,800       569,388  

Haitong Securities Co. Ltd., Class A

     1,094,459       2,139,114  

Haitong Securities Co. Ltd., Class H

     5,882,400       5,876,576  

Hithink RoyalFlush Information Network Co. Ltd., Class A

     65,987       856,429  

Huaan Securities Co. Ltd., Class A

     581,400       494,566  

Huatai Securities Co. Ltd., Class A

     923,493       2,229,273  

Huatai Securities Co. Ltd., Class H(d)

    3,351,600       5,026,704  

Huaxi Securities Co. Ltd., Class A

     376,200       505,706  

Industrial Securities Co. Ltd., Class A

     891,340       784,841  

Nanjing Securities Co. Ltd., Class A

     410,400       447,765  

Noah Holdings Ltd.(a)(b)

    70,110       2,043,005  

Orient Securities Co. Ltd./China, Class A

     752,464       1,040,399  

Pacific Securities Co. Ltd. (The)/China, Class A(a)

    889,193       412,346  

SDIC Capital Co. Ltd., Class A

     479,778       815,560  

Sealand Securities Co. Ltd., Class A

     581,400       382,916  

Shanxi Securities Co. Ltd., Class A

     478,800       506,728  

Shenwan Hongyuan Group Co. Ltd., Class A

     2,975,497       2,014,718  

SooChow Securities Co. Ltd., Class A

     410,400       497,971  

Southwest Securities Co. Ltd., Class A

     820,800       505,560  

Western Securities Co. Ltd., Class A

     547,130       686,447  

Zheshang Securities Co. Ltd., Class A

     376,200       447,911  
   

 

 

  
          77,844,199  
Chemicals — 0.3%            

Hengli Petrochemical Co. Ltd., Class A

     786,628       1,569,910  

Hengyi Petrochemical Co. Ltd., Class A

     445,500       882,768  

Lomon Billions Group Co. Ltd., Class A

     376,200       695,681  

Rongsheng Petro Chemical Co. Ltd., Class A

     596,582       1,031,084  

Shandong Hualu Hengsheng Chemical Co. Ltd., Class A

     273,600       649,951  

Sinopec Shanghai Petrochemical Co. Ltd., Class A

     752,400       418,479  

Sinopec Shanghai Petrochemical Co. Ltd., Class H

     7,524,000       2,085,795  

Tianqi Lithium Corp., Class A

     171,000       726,573  
Security   Shares     Value  
Chemicals (continued)            

Tongkun Group Co. Ltd., Class A

     341,989     $ 622,687  

Transfar Zhilian Co. Ltd., Class A

     718,192       703,894  

Wanhua Chemical Group Co. Ltd., Class A

     410,373       2,825,931  

Zhejiang Longsheng Group Co. Ltd., Class A

     443,071       830,055  
   

 

 

  
      13,042,808  
Commercial Services & Supplies — 0.5%  

A-Living Services Co. Ltd., Class H(d)

    769,500       2,482,179  

Beijing Originwater Technology Co. Ltd., Class A

     478,797       511,492  

China Everbright International Ltd.

     7,866,148       5,949,040  

Country Garden Services Holdings Co. Ltd.

     2,394,000       7,737,626  

Greentown Service Group Co. Ltd.

     2,052,000       2,246,577  

Shanghai M&G Stationery Inc., Class A

     136,800       893,779  
   

 

 

  
      19,820,693  
Communications Equipment — 0.3%            

BYD Electronic International Co. Ltd.

     1,369,000       2,448,469  

Fiberhome Telecommunication Technologies Co. Ltd., Class A

     170,998       605,186  

Guangzhou Haige Communications Group Inc. Co., Class A

     407,984       596,021  

Hengtong Optic-Electric Co. Ltd., Class A

     307,800       677,778  

Shenzhen Sunway Communication Co. Ltd., Class A(a)

    136,800       767,486  

Yealink Network Technology Corp. Ltd., Class A

     68,396       672,582  

ZTE Corp., Class A(a)

    408,856       1,786,068  

ZTE Corp., Class H(a)

    1,573,240       4,190,483  
   

 

 

  
          11,744,073  
Construction & Engineering — 0.9%  

China Communications Construction Co. Ltd., Class A

     444,600       569,193  

China Communications Construction Co. Ltd., Class H

    9,234,000       7,184,064  

China Communications Services Corp. Ltd., Class H

     4,788,800       3,224,039  

China Gezhouba Group Co. Ltd., Class A

     683,991       598,375  

China National Chemical Engineering Co. Ltd., Class A

     752,395       666,779  

China Railway Construction Corp. Ltd., Class A

     1,468,198       2,019,570  

China Railway Construction Corp. Ltd., Class H

     4,104,000       4,236,252  

China Railway Group Ltd., Class A

     2,496,598       2,006,526  

China Railway Group Ltd., Class H

     7,866,000       4,602,380  

China State Construction Engineering Corp. Ltd., Class A

     5,266,838       3,828,412  

China State Construction International Holdings Ltd.

     4,104,000       3,234,860  

Metallurgical Corp. of China Ltd., Class A

     2,325,600       886,579  

Metallurgical Corp. of China Ltd., Class H

     6,156,000       1,281,886  

Power Construction Corp. of China Ltd., Class A

     1,881,097       1,091,740  

Shanghai Tunnel Engineering Co. Ltd., Class A

     718,200       600,718  

Sinopec Engineering Group Co. Ltd., Class H

     3,078,000       1,804,863  

Suzhou Gold Mantis Construction Decoration Co. Ltd., Class A

     442,568       506,785  
   

 

 

  
      38,343,021  
Construction Materials — 0.9%  

Anhui Conch Cement Co. Ltd., Class A

     510,591       3,326,491  

Anhui Conch Cement Co. Ltd., Class H

     2,565,000       16,400,402  

BBMG Corp., Class H

     5,814,000       1,604,323  

Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A

     205,196       700,532  

China Jushi Co. Ltd., Class A

     547,197       702,877  

China National Building Material Co. Ltd., Class H

     8,208,000       7,927,244  

China Resources Cement Holdings Ltd.

     4,788,000       5,731,348  

Huaxin Cement Co. Ltd., Class A

     171,000       536,112  

Tangshan Jidong Cement Co. Ltd., Class A

     205,192       434,029  
   

 

 

  
      37,363,358  
 

 

 

2   

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Consumer Finance — 0.0%  

Qudian Inc., ADR(a)

    312,588     $ 1,550,436  
   

 

 

  
Distributors — 0.0%            

Wuchan Zhongda Group Co. Ltd., Class A

     957,594       691,979  
   

 

 

  
Diversified Consumer Services — 1.8%            

China East Education Holdings Ltd.(a)(d)

    855,000       1,581,604  

China Education Group Holdings Ltd.(b)

    1,368,000       1,852,486  

New Oriental Education & Technology Group Inc., ADR(a)

    294,462       35,653,459  

TAL Education Group, ADR(a)(b)

    796,518       35,253,887  
   

 

 

  
          74,341,436  
Diversified Financial Services — 0.1%  

Avic Capital Co. Ltd., Class A

     1,200,100       775,035  

Bohai Leasing Co. Ltd., Class A(a)

    957,599       465,862  

Far East Horizon Ltd.

     4,446,000       4,038,333  
   

 

 

  
      5,279,230  
Diversified Telecommunication Services — 1.0%  

China Telecom Corp. Ltd., Class H

     28,728,000       10,863,259  

China Tower Corp. Ltd., Class H(d)

    86,868,000       17,755,907  

China Unicom Hong Kong Ltd.

     12,312,000       10,538,201  
   

 

 

  
      39,157,367  
Electrical Equipment — 0.5%            

Contemporary Amperex Technology Co. Ltd., Class A

     273,799       3,404,401  

Dongfang Electric Corp. Ltd., Class A

     410,400       518,988  

Eve Energy Co. Ltd., Class A(a)

    136,796       871,375  

Fangda Carbon New Material Co. Ltd., Class A(a)

    444,591       681,753  

Hongfa Technology Co. Ltd., Class A

     102,600       423,684  

NARI Technology Co. Ltd., Class A

     581,488       1,899,155  

Shanghai Electric Group Co. Ltd., Class A

     581,400       387,051  

Shanghai Electric Group Co. Ltd., Class H

     7,524,000       2,316,482  

Sunwoda Electronic Co. Ltd., Class A

     239,398       598,329  

TBEA Co. Ltd., Class A

     718,196       663,033  

Xinjiang Goldwind Science & Technology Co. Ltd., Class A

     470,165       775,142  

Xinjiang Goldwind Science & Technology Co. Ltd., Class H

     1,573,320       1,750,646  

Zhejiang Chint Electrics Co. Ltd., Class A

     308,368       1,047,494  

Zhuzhou CRRC Times Electric Co. Ltd., Class H

     1,162,800       3,973,671  
   

 

 

  
      19,311,204  
Electronic Equipment, Instruments & Components — 1.7%  

AAC Technologies Holdings Inc.(b)

    1,539,000       10,793,791  

AVIC Jonhon Optronic Technology Co. Ltd., Class A

     136,798       749,573  

BOE Technology Group Co. Ltd., Class A

     4,240,800       2,352,665  

Chaozhou Three-Circle Group Co. Ltd., Class A

     205,200       546,425  

China Railway Signal & Communication Corp. Ltd., Class H(d)

    3,078,000       1,651,509  

Foxconn Industrial Internet Co. Ltd., Class A

     514,196       1,218,573  

GoerTek Inc., Class A

     410,400       1,131,965  

Guangdong LY Intelligent Manufacturing Co. Ltd., Class A(a)

    718,200       1,069,645  

Hangzhou Hikvision Digital Technology Co. Ltd., Class A

     1,197,014       5,348,290  

Kingboard Holdings Ltd.

     1,368,000       3,766,140  

Kingboard Laminates Holdings Ltd.

     2,223,000       2,507,629  

Lens Technology Co. Ltd., Class A

     444,600       811,417  

Luxshare Precision Industry Co. Ltd., Class A

     684,000       3,311,051  

NAURA Technology Group Co. Ltd., Class A

     68,400       760,870  

OFILM Group Co. Ltd., Class A(a)

    376,200       675,880  

Shengyi Technology Co. Ltd., Class A

     307,800       1,003,094  
Security   Shares     Value  
Electronic Equipment, Instruments & Components (continued)  

Shennan Circuits Co. Ltd., Class A

     34,200     $ 710,713  

Sunny Optical Technology Group Co. Ltd.(b)

    1,470,600       24,103,731  

Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A

     205,200       557,517  

Tianma Microelectronics Co. Ltd., Class A

     307,799       671,208  

Unigroup Guoxin Microelectronics Co. Ltd., Class A

     102,600       653,842  

Unisplendour Corp. Ltd., Class A

     205,200       789,573  

Universal Scientific Industrial Shanghai Co. Ltd., Class A

     205,200       471,117  

WUS Printed Circuit Kunshan Co. Ltd., Class A

     239,399       765,878  

Wuxi Lead Intelligent Equipment Co. Ltd., Class A

     102,598       551,669  

Zhejiang Dahua Technology Co. Ltd., Class A

     410,400       988,937  
   

 

 

  
          67,962,702  
Energy Equipment & Services — 0.1%  

China Oilfield Services Ltd., Class H

     3,132,000       4,217,212  

Offshore Oil Engineering Co. Ltd., Class A

     547,198       543,310  

Yantai Jereh Oilfield Services Group Co. Ltd., Class A

     136,800       617,064  
   

 

 

  
      5,377,586  
Entertainment — 1.6%            

Alibaba Pictures Group Ltd.(a)

    31,650,000       5,256,300  

Beijing Enlight Media Co. Ltd., Class A

     376,198       532,460  

Giant Network Group Co. Ltd., Class A

     236,976       596,658  

HUYA Inc., ADR(a)

    124,830       2,633,913  

iQIYI Inc., ADR(a)(b)

    265,050       5,075,708  

Mango Excellent Media Co. Ltd., Class A(a)

    184,080       797,598  

NetEase Inc., ADR

     146,718       46,263,120  

Perfect World Co. Ltd./China, Class A

     171,000       839,195  

Tencent Music Entertainment Group, ADR(a)

    199,386       2,478,368  

Wanda Film Holding Co. Ltd., Class A(a)

    273,595       554,978  

Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A

     273,600       844,157  
   

 

 

  
      65,872,455  
Food & Staples Retailing — 0.2%            

Sun Art Retail Group Ltd.

     4,959,000       5,612,946  

Yifeng Pharmacy Chain Co. Ltd., Class A

     68,394       743,680  

Yonghui Superstores Co. Ltd., Class A

     1,299,634       1,373,592  
   

 

 

  
      7,730,218  
Food Products — 1.8%  

Angel Yeast Co. Ltd., Class A

     102,591       441,743  

Beijing Dabeinong Technology Group Co. Ltd., Class A

    615,600       380,046  

China Agri-Industries Holdings Ltd.

     5,472,000       2,873,101  

China Huishan Dairy Holdings Co. Ltd.(a)(c)

    1,366,667       2,794  

China Mengniu Dairy Co. Ltd.(b)

    5,549,000       21,231,203  

Chongqing Fuling Zhacai Group Co. Ltd., Class A

     136,800       475,203  

Dali Foods Group Co. Ltd.(d)

    4,446,000       3,021,650  

Foshan Haitian Flavouring & Food Co. Ltd., Class A

     272,791       4,151,264  

Fujian Sunner Development Co. Ltd., Class A

     136,800       462,360  

Guangdong Haid Group Co. Ltd., Class A

     205,199       896,110  

Hebei Yangyuan Zhihui Beverage Co. Ltd., Class A

     136,800       569,972  

Henan Shuanghui Investment & Development Co. Ltd., Class A

     349,800       1,542,017  

Inner Mongolia Yili Industrial Group Co. Ltd., Class A

     786,697       3,255,360  

Jiangxi Zhengbang Technology Co. Ltd., Class A

     307,800       640,123  

Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A

     102,600       658,805  

Muyuan Foodstuff Co. Ltd., Class A

     205,200       2,533,640  

New Hope Liuhe Co. Ltd., Class A

     547,299       1,601,425  

Tech-Bank Food Co. Ltd., Class A(a)

    171,000       311,840  

Tingyi Cayman Islands Holding Corp.

     4,104,000       6,679,437  
 

 

 

     3  

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Food Products (continued)            

Tongwei Co. Ltd., Class A

     512,999     $ 955,951  

Uni-President China Holdings Ltd.

     2,736,000       2,778,730  

Want Want China Holdings Ltd.(b)

    10,602,000       9,128,738  

Wens Foodstuffs Group Co. Ltd., Class A

     684,097       3,483,762  

Yihai International Holding Ltd.

     1,061,000       6,750,062  
   

 

 

  
      74,825,336  
Gas Utilities — 1.4%            

Beijing Enterprises Holdings Ltd.

     1,026,000       4,535,096  

China Gas Holdings Ltd.

     3,762,000       13,985,398  

China Resources Gas Group Ltd.

     2,052,000       11,429,491  

ENN Energy Holdings Ltd.

     1,641,600       17,825,812  

Kunlun Energy Co. Ltd.

     6,840,000       5,793,389  

Towngas China Co. Ltd.

     2,394,000       1,691,268  
   

 

 

  
      55,260,454  
Health Care Equipment & Supplies — 0.2%  

Autobio Diagnostics Co. Ltd., Class A

     34,197       498,511  

Jafron Biomedical Co. Ltd., Class A

     68,400       681,864  

Lepu Medical Technology Beijing Co. Ltd., Class A

     239,900       1,101,228  

Ovctek China Inc., Class A

     68,400       472,868  

Shandong Weigao Group Medical Polymer Co. Ltd., Class H

     4,472,000       5,398,793  

Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A

     68,495       1,750,873  
   

 

 

  
      9,904,137  
Health Care Providers & Services — 0.4%  

Aier Eye Hospital Group Co. Ltd., Class A

     410,392       2,330,436  

Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A

     68,394       472,827  

Huadong Medicine Co. Ltd., Class A

     234,800       821,639  

Jointown Pharmaceutical Group Co. Ltd., Class A

     273,600       525,798  

Meinian Onehealth Healthcare Holdings Co. Ltd., Class A

     479,481       1,008,759  

Shanghai Pharmaceuticals Holding Co. Ltd., Class A

     307,858       779,066  

Shanghai Pharmaceuticals Holding Co. Ltd., Class H

     1,710,000       3,067,088  

Sinopharm Group Co. Ltd., Class H

     2,462,400       8,131,716  

Topchoice Medical Corp., Class A(a)

    34,200       503,809  
   

 

 

  
      17,641,138  
Health Care Technology — 0.3%            

Alibaba Health Information Technology
Ltd.(a)(b)

    7,524,000       8,516,194  

Ping An Healthcare and Technology Co.
Ltd.(a)(d)

    533,700       3,552,205  

Winning Health Technology Group Co. Ltd., Class A

     239,397       518,640  
   

 

 

  
        12,587,039  
Hotels, Restaurants & Leisure — 1.2%  

China International Travel Service Corp. Ltd., Class A

     239,450       2,854,346  

Haidilao International Holding Ltd.(d)

    684,000       2,874,849  

Huazhu Group Ltd., ADR

     274,284       9,383,256  

Shenzhen Overseas Chinese Town Co. Ltd., Class A

     1,165,242       1,142,045  

Songcheng Performance Development Co. Ltd., Class A

     203,654       792,025  

Yum China Holdings Inc.

     741,456       33,009,621  
   

 

 

  
      50,056,142  
Household Durables — 0.5%  

Gree Electric Appliances Inc. of Zhuhai, Class A

     376,293       3,089,050  

Haier Electronics Group Co. Ltd.

     2,394,000       6,651,911  

Haier Smart Home Co. Ltd., Class A

     785,064       1,905,162  

Hangzhou Robam Appliances Co. Ltd., Class A

     137,000       578,795  

Midea Group Co. Ltd., Class A

     443,009       3,421,843  

NavInfo Co. Ltd., Class A

     273,600       627,767  
Security   Shares     Value  
Household Durables (continued)            

Oppein Home Group Inc., Class A

     34,200     $ 481,625  

Suofeiya Home Collection Co. Ltd., Class A

     171,000       426,165  

TCL Corp., Class A

     1,954,000       1,067,342  

Zhejiang Supor Co. Ltd., Class A

     68,396       698,559  
   

 

 

  
      18,948,219  
Independent Power and Renewable Electricity Producers — 1.0%  

CGN Power Co. Ltd., Class H(d)

    21,888,000       5,480,563  

China Longyuan Power Group Corp. Ltd., Class H

     6,498,000       3,519,724  

China National Nuclear Power Co. Ltd., Class A

     1,812,660       1,253,142  

China Power International Development Ltd.

     9,234,000       1,911,032  

China Resources Power Holdings Co. Ltd.

     4,104,000       5,337,258  

China Yangtze Power Co. Ltd., Class A

     2,736,076       7,056,246  

Datang International Power Generation Co. Ltd., Class H

     6,156,000       1,140,328  

GD Power Development Co. Ltd., Class A

     2,707,900       870,540  

Huadian Power International Corp. Ltd., Class A

     855,000       451,220  

Huadian Power International Corp. Ltd., Class H

     3,420,000       1,245,185  

Huaneng Power International Inc., Class H

     8,892,000       4,407,519  

Huaneng Renewables Corp. Ltd., Class H

     9,576,000       3,657,787  

SDIC Power Holdings Co. Ltd., Class A

     889,296       1,058,814  

Shenergy Co. Ltd., Class A

     718,200       605,826  

Shenzhen Energy Group Co. Ltd., Class A

     649,800       556,447  

Sichuan Chuantou Energy Co. Ltd., Class A

     581,400       789,817  
   

 

 

  
      39,341,448  
Industrial Conglomerates — 0.6%  

CITIC Ltd.

     11,970,000       14,985,916  

Fosun International Ltd.

     5,301,000       7,137,752  

Shanghai Industrial Holdings Ltd.

     1,026,000       1,848,117  
   

 

 

  
      23,971,785  
Insurance — 6.2%            

China Life Insurance Co. Ltd., Class A

     342,000       1,596,173  

China Life Insurance Co. Ltd., Class H

     15,390,000       38,889,106  

China Pacific Insurance Group Co. Ltd., Class A

     820,847       3,999,176  

China Pacific Insurance Group Co. Ltd., Class H

     5,403,600       19,121,679  

China Reinsurance Group Corp., Class H

     12,312,000       1,950,354  

China Taiping Insurance Holdings Co. Ltd.

     3,351,724       7,750,146  

Hubei Biocause Pharmaceutical Co. Ltd., Class A

     649,800       619,302  

New China Life Insurance Co. Ltd., Class A

     273,669       1,733,120  

New China Life Insurance Co. Ltd., Class H

     1,710,000       6,586,375  

People’s Insurance Co. Group of China Ltd. (The), Class H

     17,100,000       6,859,442  

PICC Property & Casualty Co. Ltd., Class H

     14,364,462       16,625,726  

Ping An Insurance Group Co. of China Ltd., Class A

     1,368,056       16,272,782  

Ping An Insurance Group Co. of China Ltd., Class H

     11,457,000       129,824,777  

ZhongAn Online P&C Insurance Co. Ltd., Class H(a)(b)(d)

    649,800       2,245,484  
   

 

 

  
        254,073,642  
Interactive Media & Services — 15.2%  

58.com Inc., ADR(a)(b)

    195,966       12,055,828  

Autohome Inc., ADR(a)

    122,778       8,355,043  

Baidu Inc., ADR(a)

    571,482       67,737,761  

Momo Inc., ADR

     311,562       11,661,766  

SINA Corp./China(a)

    130,302       4,546,237  

Tencent Holdings Ltd.

     11,833,200       501,581,650  

Weibo Corp., ADR(a)(b)

    114,912       4,919,383  

YY Inc., ADR(a)(b)

    120,384       7,679,295  
   

 

 

  
      618,536,963  
Internet & Direct Marketing Retail — 20.5%  

Alibaba Group Holding Ltd., ADR(a)

    3,493,530       698,706,000  
 

 

 

4   

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Internet & Direct Marketing Retail (continued)  

Baozun Inc., ADR(a)(b)

    88,578     $ 3,363,307  

JD.com Inc., ADR(a)

    1,523,610       49,745,867  

Meituan Dianping, Class B(a)

    2,086,200       27,504,179  

Pinduoduo Inc., ADR(a)

    399,798       14,372,738  

Trip.com Group Ltd., ADR(a)

    972,760       32,334,542  

Vipshop Holdings Ltd., ADR(a)

    906,984       11,591,256  
   

 

 

  
          837,617,889  
IT Services — 0.3%            

Beijing Sinnet Technology Co. Ltd., Class A

     239,396       652,129  

China TransInfo Technology Co. Ltd., Class A

     239,400       571,431  

DHC Software Co. Ltd., Class A

     444,599       579,943  

GDS Holdings Ltd., ADR(a)(b)

    129,276       6,052,702  

TravelSky Technology Ltd., Class H

     1,781,000       4,336,605  

Wangsu Science & Technology Co. Ltd., Class A

     376,200       473,063  
   

 

 

  
      12,665,873  
Life Sciences Tools & Services — 0.6%  

Genscript Biotech Corp.(a)

    2,102,000       5,075,251  

Hangzhou Tigermed Consulting Co. Ltd., Class A

     102,634       916,851  

WuXi AppTec Co. Ltd., Class A

     204,336       2,557,561  

WuXi AppTec Co. Ltd., Class H(d)

    307,820       3,572,603  

Wuxi Biologics Cayman Inc.(a)(d)

    1,095,500       12,378,650  
   

 

 

  
      24,500,916  
Machinery — 1.2%            

China Conch Venture Holdings Ltd.

     3,420,000       13,303,823  

China International Marine Containers Group Co. Ltd., Class A

     373,799       512,582  

China Shipbuilding Industry Co. Ltd., Class A

     2,972,994       2,232,933  

CRRC Corp. Ltd., Class A

     3,043,880       3,017,922  

CRRC Corp. Ltd., Class H

     9,234,650       6,075,622  

Haitian International Holdings Ltd.

     1,413,000       3,158,954  

Hefei Meiya Optoelectronic Technology Inc., Class A

     102,600       544,528  

Jiangsu Hengli Hydraulic Co. Ltd., Class A

     102,600       636,621  

Sany Heavy Industry Co. Ltd., Class A

     1,094,498       2,254,402  

Shenzhen Inovance Technology Co. Ltd., Class A

     235,087       878,489  

Sinotruk Hong Kong Ltd.

     1,402,500       2,368,631  

Weichai Power Co. Ltd., Class A

     786,679       1,476,013  

Weichai Power Co. Ltd., Class H

     4,104,000       7,014,981  

XCMG Construction Machinery Co. Ltd., Class A

     1,231,199       802,124  

Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A

     376,199       790,398  

Zhengzhou Yutong Bus Co. Ltd., Class A

     307,799       614,289  

Zhongji Innolight Co. Ltd., Class A

     68,397       428,092  

Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A

     791,399       669,823  

Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H

     1,110,400       785,873  
   

 

 

  
      47,566,100  
Marine — 0.1%            

COSCO SHIPPING Development Co. Ltd., Class A

     1,675,800       595,950  

COSCO SHIPPING Holdings Co. Ltd., Class A(a)

    991,800       667,318  

COSCO SHIPPING Holdings Co. Ltd., Class H(a)

    5,472,000       2,020,259  
   

 

 

  
      3,283,527  
Media — 0.1%            

China Literature Ltd.(a)(b)(d)

    547,200       2,100,650  

Chinese Universe Publishing and Media Group Co. Ltd., Class A

     239,400       406,608  

CITIC Guoan Information Industry Co. Ltd., Class A(a)

    615,600       291,602  

Focus Media Information Technology Co. Ltd., Class A

    1,915,238       1,525,663  

NanJi E-Commerce Co. Ltd., Class A(a)

    342,000       539,517  
Security   Shares     Value  
Media (continued)            

Oriental Pearl Group Co. Ltd., Class A

     752,478     $ 944,083  
   

 

 

  
      5,808,123  
Metals & Mining — 0.9%  

Aluminum Corp. of China Ltd., Class A(a)

    1,816,400       847,487  

Aluminum Corp. of China Ltd., Class H(a)

    8,212,000       2,517,812  

Angang Steel Co. Ltd., Class A

     1,112,726       498,593  

Baoshan Iron & Steel Co. Ltd., Class A

     2,428,289       1,889,450  

China Hongqiao Group Ltd.

     3,762,000       1,975,257  

China Molybdenum Co. Ltd., Class A

     2,188,800       1,108,419  

China Molybdenum Co. Ltd., Class H(b)

    8,208,000       2,810,187  

China Northern Rare Earth Group High-Tech Co. Ltd., Class A

     513,000       725,357  

China Zhongwang Holdings Ltd.

     3,693,600       1,476,921  

Ganfeng Lithium Co. Ltd., Class A

     170,995       674,985  

Guangdong HEC Technology Holding Co. Ltd., Class A.

     410,399       516,067  

Hesteel Co. Ltd., Class A

     1,983,600       711,054  

Inner Mongolia BaoTou Steel Union Co. Ltd., Class A

     6,669,092       1,214,296  

Jiangxi Copper Co. Ltd., Class A

     342,000       685,464  

Jiangxi Copper Co. Ltd., Class H

     2,394,000       2,761,690  

Maanshan Iron & Steel Co. Ltd., Class A

     2,359,800       923,115  

Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A(a)

    1,402,200       556,496  

Shandong Gold Mining Co. Ltd., Class A

     342,097       1,464,263  

Shandong Nanshan Aluminum Co. Ltd., Class A

     1,846,800       567,442  

Shanxi Taigang Stainless Steel Co. Ltd., Class A

     957,600       535,334  

Tongling Nonferrous Metals Group Co. Ltd., Class A

     1,881,000       569,923  

Western Mining Co. Ltd., Class A(a)

    547,200       422,662  

Yintai Gold Co. Ltd., Class A

     273,600       469,755  

Zhaojin Mining Industry Co. Ltd., Class H

     2,223,000       2,300,316  

Zhejiang Huayou Cobalt Co. Ltd., Class A

     136,798       593,314  

Zhongjin Gold Corp. Ltd., Class A

     410,400       457,690  

Zijin Mining Group Co. Ltd., Class A

     2,496,600       1,264,290  

Zijin Mining Group Co. Ltd., Class H

     11,628,000       4,352,469  
   

 

 

  
          34,890,108  
Oil, Gas & Consumable Fuels — 3.3%  

China Coal Energy Co. Ltd., Class H

     4,446,000       1,760,736  

China Merchants Energy Shipping Co. Ltd., Class A

     820,796       693,537  

China Petroleum & Chemical Corp., Class A

     3,249,088       2,306,268  

China Petroleum & Chemical Corp., Class H

     52,669,000       29,538,106  

China Shenhua Energy Co. Ltd., Class A

     578,905       1,417,216  

China Shenhua Energy Co. Ltd., Class H

     7,011,000       13,578,201  

CNOOC Ltd.

     36,936,000       53,603,265  

COSCO SHIPPING Energy Transportation Co. Ltd., Class A

     410,400       335,678  

COSCO SHIPPING Energy Transportation Co. Ltd., Class H

     2,736,000       1,128,968  

Guanghui Energy Co. Ltd., Class A

     1,265,400       585,004  

Inner Mongolia Yitai Coal Co. Ltd., Class B

     2,496,600       1,800,049  

PetroChina Co. Ltd., Class A

     1,983,690       1,577,369  

PetroChina Co. Ltd., Class H

     43,092,000       19,873,159  

Shaanxi Coal Industry Co. Ltd., Class A

     1,094,496       1,320,255  

Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A

     444,600       437,646  

Shanxi Meijin Energy Co. Ltd., Class A

     547,200       647,615  

Yanzhou Coal Mining Co. Ltd., Class A

     444,600       593,858  

Yanzhou Coal Mining Co. Ltd., Class H

     3,520,000       3,111,801  
   

 

 

  
      134,308,731  
Paper & Forest Products — 0.1%  

Lee & Man Paper Manufacturing Ltd.

     2,736,000       1,852,486  
 

 

 

     5  

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Paper & Forest Products (continued)            

Nine Dragons Paper Holdings Ltd.

     3,420,000     $ 3,482,150  
   

 

 

  
      5,334,636  
Personal Products — 0.3%            

By-Health Co. Ltd., Class A

     239,400       497,874  

Hengan International Group Co. Ltd.

     1,539,000       10,164,645  
   

 

 

  
      10,662,519  
Pharmaceuticals — 2.1%  

Asymchem Laboratories Tianjin Co. Ltd., Class A

     34,200       598,383  

Beijing Tongrentang Co. Ltd., Class A

     274,200       1,037,521  

Betta Pharmaceuticals Co. Ltd., Class A

     68,398       650,223  

Changchun High & New Technology Industry Group Inc., Class A

     34,198       2,135,566  

Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A

     102,599       580,571  

China Medical System Holdings Ltd.

     3,078,000       4,380,431  

China Resources Pharmaceutical Group Ltd.(d)

    3,420,000       2,988,445  

China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A

     170,994       714,872  

China Traditional Chinese Medicine Holdings Co. Ltd.

     4,788,000       2,134,728  

CSPC Pharmaceutical Group Ltd.

     9,576,000       21,799,920  

Dong-E-E-Jiao Co. Ltd., Class A

     102,600       491,403  

Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A

     202,795       958,884  

Hansoh Pharmaceutical Group Co. Ltd.(d)

    684,000       2,018,511  

Hutchison China MediTech Ltd., ADR(a)(b)

    126,198       3,042,634  

Jiangsu Hengrui Medicine Co. Ltd., Class A

     547,244       6,686,855  

Joincare Pharmaceutical Group Industry Co. Ltd., Class A

     307,800       429,960  

Luye Pharma Group Ltd.(b)(d)

    2,394,000       1,758,551  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A

     308,478       1,103,596  

Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H

     1,026,000       2,883,587  

Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A

     171,000       451,463  

Sichuan Kelun Pharmaceutical Co. Ltd., Class A

     205,565       678,983  

Sino Biopharmaceutical Ltd.

     14,364,000       18,533,602  

SSY Group Ltd.

     3,420,000       2,691,348  

Tasly Pharmaceutical Group Co. Ltd., Class A

     273,600       593,907  

Tonghua Dongbao Pharmaceutical Co. Ltd., Class A

     273,600       516,458  

Yunnan Baiyao Group Co. Ltd., Class A

     171,098       2,139,349  

Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A

     68,600       973,678  

Zhejiang Conba Pharmaceutical Co. Ltd., Class A

     410,400       363,700  

Zhejiang Huahai Pharmaceutical Co. Ltd., Class A(a)

    170,988       456,782  

Zhejiang NHU Co. Ltd., Class A

     307,796       932,589  

Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A

     68,400       446,792  
   

 

 

  
          85,173,292  
Professional Services — 0.1%            

51job Inc., ADR(a)

    55,404       4,355,862  
   

 

 

  
Real Estate Management & Development — 5.4%  

Agile Group Holdings Ltd.

     2,736,000       3,830,802  

China Aoyuan Group Ltd.

     2,402,000       3,436,798  

China Evergrande Group(a)

    3,862,000       9,216,206  

China Fortune Land Development Co. Ltd., Class A

     410,697       1,631,700  

China Jinmao Holdings Group Ltd.

     10,944,000       7,270,135  

China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A

     1,026,052       2,643,234  

China Overseas Land & Investment Ltd.

     8,208,000       27,525,151  
Security   Shares     Value  
Real Estate Management & Development (continued)  

China Resources Land Ltd.

     5,638,665     $ 24,383,611  

China Vanke Co. Ltd., Class A

     1,231,209       4,851,313  

China Vanke Co. Ltd., Class H

     3,078,031       11,521,358  

CIFI Holdings Group Co. Ltd.

     5,472,000       3,984,593  

Country Garden Holdings Co. Ltd.

     15,732,727       21,907,537  

Financial Street Holdings Co. Ltd., Class A

     510,527       561,366  

Gemdale Corp., Class A

     616,730       1,043,974  

Greenland Holdings Corp. Ltd., Class A

     1,234,066       1,149,814  

Guangzhou R&F Properties Co. Ltd., Class H

     2,188,800       3,679,807  

Jiangsu Zhongnan Construction Group Co. Ltd., Class A

     513,000       592,545  

Jinke Properties Group Co. Ltd., Class A

     753,739       704,424  

Kaisa Group Holdings Ltd.

     4,788,000       1,883,944  

KWG Group Holdings Ltd.

     2,736,000       3,005,921  

Logan Property Holdings Co. Ltd.

     2,736,000       4,005,565  

Longfor Group Holdings Ltd.(d)

    3,762,000       15,403,162  

Oceanwide Holdings Co. Ltd., Class A

     547,200       329,256  

Poly Developments and Holdings Group Co. Ltd., Class A

     1,504,875       3,088,976  

RiseSun Real Estate Development Co. Ltd., Class A

     651,130       799,330  

Seazen Group Ltd(b)

    3,420,000       3,643,806  

Seazen Holdings Co. Ltd., Class A

     274,094       1,273,006  

Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B

     2,452,532       2,244,067  

Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A

     205,200       415,073  

Shenzhen Investment Ltd.

     6,840,000       2,691,348  

Shimao Property Holdings Ltd.

     2,394,000       8,670,422  

Shui On Land Ltd.

     8,208,000       1,719,667  

Sino-Ocean Group Holding Ltd.

     6,669,000       2,470,710  

SOHO China Ltd.

     4,446,000       1,533,544  

Sunac China Holdings Ltd.

     5,224,000       25,460,139  

Wharf Holdings Ltd. (The)

     2,052,000       4,965,013  

Xinhu Zhongbao Co. Ltd., Class A

     1,094,400       579,118  

Yango Group Co. Ltd., Class A

     547,200       538,642  

Yuexiu Property Co. Ltd.

     14,364,000       3,064,467  

Yuzhou Properties Co. Ltd.

     3,762,000       1,730,152  

Zhejiang China Commodities City Group Co. Ltd., Class A

     1,060,200       574,593  

Zhenro Properties Group Ltd.

     3,078,000       1,985,743  
   

 

 

  
          222,010,032  
Road & Rail — 0.1%            

Daqin Railway Co. Ltd., Class A

     1,949,400       2,198,983  

Guangshen Railway Co. Ltd., Class A

     1,262,992       531,790  
   

 

 

  
      2,730,773  
Semiconductors & Semiconductor Equipment — 0.6%  

GCL System Integration Technology Co. Ltd., Class A(a)

    615,600       537,669  

Gigadevice Semiconductor Beijing Inc., Class A

     34,198       804,607  

Hangzhou Silan Microelectronics Co. Ltd., Class A

     171,000       355,868  

Hua Hong Semiconductor Ltd.(b)(d)

    1,026,000       1,819,282  

JCET Group Co. Ltd., Class A(a)

    205,200       604,804  

LONGi Green Energy Technology Co. Ltd., Class A

     478,704       1,624,064  

Sanan Optoelectronics Co. Ltd., Class A

     513,055       1,213,679  

Semiconductor Manufacturing International Corp.(a)(b)

    6,327,300       8,066,999  

Shenzhen Goodix Technology Co. Ltd., Class A

     34,200       944,277  

Tianjin Zhonghuan Semiconductor Co. Ltd., Class A

     376,198       541,023  

Visionox Technology Inc., Class A(a)

    205,195       476,651  

Will Semiconductor Ltd., Class A

     68,400       1,218,171  
 

 

 

6   

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

(Percentages shown are based on Net Assets)

 

Security   Shares     Value  
Semiconductors & Semiconductor Equipment (continued)  

Xinyi Solar Holdings Ltd.

     6,980,000     $ 4,289,074  
   

 

 

  
          22,496,168  
Software — 0.5%            

360 Security Technology Inc., Class A

     171,000       504,490  

Aisino Corp., Class A

     274,198       805,438  

Beijing Shiji Information Technology Co. Ltd., Class A

     134,389       689,919  

China National Software & Service Co. Ltd., Class A

     68,400       659,486  

Glodon Co. Ltd., Class A

     170,998       803,185  

Hundsun Technologies Inc., Class A

     100,197       1,037,752  

Iflytek Co. Ltd., Class A

     307,809       1,443,166  

Kingdee International Software Group Co. Ltd.(b)

    4,788,000       4,746,559  

Kingsoft Corp. Ltd.(a)(b)

    1,710,000       3,783,616  

Sangfor Technologies Inc., Class A

     34,200       552,653  

Shanghai 2345 Network Holding Group Co. Ltd., Class A

     1,060,200       455,452  

Shanghai Baosight Software Co. Ltd., Class A

     136,800       672,135  

Shenzhen Kingdom Sci-Tech Co. Ltd., Class A(a)

    102,600       269,564  

Venustech Group Inc., Class A

     136,795       599,334  

Yonyou Network Technology Co. Ltd., Class A

     341,998       1,350,488  
   

 

 

  
      18,373,237  
Specialty Retail — 0.2%            

China Grand Automotive Services Group Co. Ltd., Class A

     1,131,300       537,492  

GOME Retail Holdings Ltd.(a)(b)

    21,204,000       1,869,089  

HLA Corp. Ltd., Class A

     478,800       523,074  

Suning.com Co. Ltd., Class A

     1,265,461       1,773,098  

Zhongsheng Group Holdings Ltd.

     1,197,000       4,243,461  
   

 

 

  
      8,946,214  
Technology Hardware, Storage & Peripherals — 0.8%  

China Greatwall Technology Group Co. Ltd., Class A

     376,200       794,682  

Dawning Information Industry Co. Ltd., Class A

     136,796       661,023  

GRG Banking Equipment Co. Ltd., Class A

     342,000       381,408  

Inspur Electronic Information Industry Co. Ltd., Class A

     171,000       728,276  

Legend Holdings Corp., Class H(a)(d)

    855,000       1,758,551  

Lenovo Group Ltd.

     15,048,000       9,938,764  

Ninestar Corp., Class A

     171,000       688,383  

Xiaomi Corp., Class B(a)(d)

    16,142,400       18,456,706  
   

 

 

  
      33,407,793  
Textiles, Apparel & Luxury Goods — 1.4%  

ANTA Sports Products Ltd.

     2,113,000       19,867,369  

Bosideng International Holdings Ltd.

     6,840,000       3,268,065  

Li Ning Co. Ltd.

     4,104,000       13,159,644  

Shenzhou International Group Holdings Ltd.

     1,573,200       20,740,857  

Zhejiang Semir Garment Co. Ltd., Class A

     307,800       410,695  
   

 

 

  
      57,446,630  
Trading Companies & Distributors — 0.1%  

BOC Aviation Ltd.(d)

    444,600       4,200,207  

Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd., Class A

     136,800       322,056  

Sinochem International Corp., Class A

     581,400       415,998  

Xiamen C & D Inc., Class A

     513,000       583,788  
   

 

 

  
      5,522,049  
Transportation Infrastructure — 0.7%  

Beijing Capital International Airport Co. Ltd., Class H

     3,420,000       3,233,113  

China Merchants Port Holdings Co. Ltd.

     2,736,000       4,257,223  

COSCO SHIPPING Ports Ltd.

     3,420,000       2,783,099  
Security   Shares     Value  

 

  
Transportation Infrastructure (continued)  

Guangzhou Baiyun International Airport Co. Ltd., Class A

     273,597     $ 649,943  

Jiangsu Expressway Co. Ltd., Class H

     2,736,000       3,649,049  

Ningbo Zhoushan Port Co. Ltd., Class A

     1,333,800       686,826  

Shanghai International Airport Co. Ltd., Class A

     136,899       1,463,058  

Shanghai International Port Group Co. Ltd., Class A

     1,197,077       948,473  

Shenzhen Expressway Co. Ltd., Class H

     1,368,000       1,824,524  

Shenzhen International Holdings Ltd.

     2,052,000       4,335,867  

Zhejiang Expressway Co. Ltd., Class H

     3,420,000       2,992,814  
   

 

 

  
      26,823,989  
Water Utilities — 0.4%            

Beijing Enterprises Water Group Ltd.

     10,260,000       5,033,170  

Guangdong Investment Ltd.

     6,156,000       12,724,484  
   

 

 

  
      17,757,654  
Wireless Telecommunication Services — 2.4%  

China Mobile Ltd.

     12,654,000       95,376,833  

China United Network Communications Ltd., Class A

     3,964,795       3,220,361  
   

 

 

  
      98,597,194  
   

 

 

  

Total Common Stocks — 99.8%
(Cost: $3,672,187,694)

 

     4,069,050,863  
   

 

 

  

Rights

    
Technology Hardware, Storage & Peripherals — 0.0%  

Legend Holdings Corp., (Expires 12/27/19)(a)

    82,492       0 (e)  
   

 

 

  

Total Rights — 0.0%
(Cost: $0)

       0 (e)  
   

 

 

  

Short-Term Investments

 

Money Market Funds — 3.2%            

BlackRock Cash Funds: Institutional,
SL Agency Shares,
    1.82%(f)(g)(h)

    125,702,547       125,752,828  

BlackRock Cash Funds: Treasury,
SL Agency Shares,
    1.57%(f)(g)

    5,021,000       5,021,000  
   

 

 

  
      130,773,828  
   

 

 

  

Total Short-Term Investments — 3.2%
(Cost: $130,751,250)

 

     130,773,828  
   

 

 

  

Total Investments in Securities — 103.0%
(Cost: $3,802,938,944)

 

     4,199,824,691  

Other Assets, Less Liabilities — (3.0)%

 

     (121,074,154 ) 
   

 

 

  

Net Assets — 100.0%

 

   $   4,078,750,537  
   

 

 

  

 

(a) 

Non-income producing security.

(b) 

All or a portion of this security is on loan.

(c) 

Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(d) 

Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

(e) 

Rounds to less than $1.

(f) 

Affiliate of the Fund.

(g) 

Annualized 7-day yield as of period-end.

(h) 

All or a portion of this security was purchased with cash collateral received from loaned securities.

 

 

 

     7  

Schedule of Investments  (unaudited) (continued)

November 30, 2019

   

iShares® MSCI China ETF

 

Affiliates

Investments in issuers considered to be affiliates of the Fund during the three months ended November 30, 2019, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer   

Shares

Held at

08/31/19

     Net Activity     

Shares

Held at

11/30/19

    

Value at

11/30/19

     Income     

Net Realized

Gain (Loss)

    

Change in

Unrealized

Appreciation

(Depreciation)

  

BlackRock Cash Funds: Institutional,
SL Agency Shares

      120,100,406        5,602,141        125,702,547      $ 125,752,828      $ 570,323 (a)     $ 8,768      $ (23,283 ) 

BlackRock Cash Funds: Treasury,
SL Agency Shares

      1,740,000        3,281,000        5,021,000        5,021,000        12,377        —        —  
           

 

 

     

 

 

     

 

 

     

 

 

  
            $ 130,773,828      $ 582,700      $ 8,768      $ (23,283 ) 
           

 

 

     

 

 

     

 

 

     

 

 

  

 

  (a) 

Includes securities lending income earned from the reinvestment of cash collateral from loaned securities (excluding collateral investment fees), net of fees and other payments to and from borrowers of securities, and less fees paid to BTC as securities lending agent.

 

Futures Contracts

 

Description   

Number of

Contracts

   

Expiration

Date

   

Notional

Amount

(000)

      

Value/

Unrealized

Appreciation

(Depreciation)

  

Long Contracts

            

HSCEI Index

      115       12/30/19     $ 7,565        $ (277,026 ) 
           

 

 

  

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 2019. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.

 

                                                                                               

 

  
     Level 1        Level 2      Level 3        Total  

 

  

Investments

                

Assets

                

Common Stocks

    $ 4,068,696,811        $ —      $ 354,052        $ 4,069,050,863  

Rights

      —          0 (a)        —          0 (a) 

Money Market Funds

      130,773,828          —        —          130,773,828  
  

 

 

       

 

 

     

 

 

       

 

 

  
   $ 4,199,470,639        $ 0 (a)     $ 354,052        $ 4,199,824,691  
  

 

 

       

 

 

     

 

 

       

 

 

  

Derivative financial instruments(b)

               

Liabilities

                

Futures Contracts

    $ (277,026 )       $ —      $ —        $ (277,026 ) 
  

 

 

       

 

 

     

 

 

       

 

 

  

 

  (a) 

Rounds to less than $1.

 
  (b) 

Shown at the unrealized appreciation (depreciation) on the contracts.

 

 

Portfolio Abbreviations — Equity
ADR    American Depositary Receipt

 

 

8