NPORT-EX 2 1.31_BLK_China_A_Pt_F.htm 1.31 BLK CHINA A PT F
Schedule
of
Investments
(unaudited)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
2
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Common
Stocks
Aerospace
&
Defense
—
0.1%
AVICOPTER
plc
,
Class
A
..............
3,788
$
17,355
Automobile
Components
—
2.0%
Changzhou
Xingyu
Automotive
Lighting
Systems
Co.
Ltd.
,
Class
A
............
600
10,574
Huayu
Automotive
Systems
Co.
Ltd.
,
Class
A
.
103,100
233,253
243,827
Automobiles
—
4.3%
BYD
Co.
Ltd.
,
Class
A
.................
15,600
371,485
Great
Wall
Motor
Co.
Ltd.
,
Class
A
........
7,700
21,911
SAIC
Motor
Corp.
Ltd.
,
Class
A
..........
73,100
139,150
532,546
Banks
—
7.3%
Agricultural
Bank
of
China
Ltd.
,
Class
A
.....
98,800
53,465
Bank
of
Beijing
Co.
Ltd.
,
Class
A
.........
68,400
48,505
Bank
of
Changsha
Co.
Ltd.
,
Class
A
.......
20,800
20,736
Bank
of
Guiyang
Co.
Ltd.
,
Class
A
........
23,800
17,420
Bank
of
Hangzhou
Co.
Ltd.
,
Class
A
.......
11,200
16,995
Bank
of
Shanghai
Co.
Ltd.
,
Class
A
........
87,419
77,827
Bank
of
Suzhou
Co.
Ltd.
,
Class
A
.........
15,300
15,052
China
Everbright
Bank
Co.
Ltd.
,
Class
A
....
47,300
20,746
China
Merchants
Bank
Co.
Ltd.
,
Class
A
....
98,659
422,176
Jiangsu
Changshu
Rural
Commercial
Bank
Co.
Ltd.
,
Class
A
.....................
90,200
86,258
Jiangsu
Suzhou
Rural
Commercial
Bank
Co.
Ltd.
,
Class
A
.....................
35,500
21,224
Shanghai
Rural
Commercial
Bank
Co.
Ltd.
,
Class
A
........................
126,000
110,834
911,238
Beverages
—
10.2%
Anhui
Kouzi
Distillery
Co.
Ltd.
,
Class
A
.....
3,200
17,330
Beijing
Yanjing
Brewery
Co.
Ltd.
,
Class
A
....
204,300
232,159
Kweichow
Moutai
Co.
Ltd.
,
Class
A
........
2,824
631,217
Wuliangye
Yibin
Co.
Ltd.
,
Class
A
.........
22,600
398,377
1,279,083
Biotechnology
—
0.1%
Jinyu
Bio-Technology
Co.
Ltd.
,
Class
A
.....
7,900
8,958
Building
Products
—
0.2%
Jiangshan
Oupai
Door
Industry
Co.
Ltd.
,
Class
A
............................
4,120
14,701
ZBOM
Home
Collection
Co.
Ltd.
,
Class
A
....
5,700
11,846
26,547
Capital
Markets
—
6.5%
China
Merchants
Securities
Co.
Ltd.
,
Class
A
.
27,400
51,010
CITIC
Securities
Co.
Ltd.
,
Class
A
.........
16,005
45,721
Guosen
Securities
Co.
Ltd.
,
Class
A
.......
31,600
35,357
Guotai
Junan
Securities
Co.
Ltd.
,
Class
A
...
7,500
15,260
Huatai
Securities
Co.
Ltd.
,
Class
A
........
182,100
348,616
Industrial
Securities
Co.
Ltd.
,
Class
A
......
145,200
110,142
Nanhua
Futures
Co.
Ltd.
,
Class
A
.........
9,000
13,506
Shenwan
Hongyuan
Group
Co.
Ltd.
,
Class
A
.
71,700
43,623
Zhongtai
Securities
Co.
Ltd.
,
Class
A
.......
157,300
142,999
806,234
Chemicals
—
4.9%
Anhui
Guangxin
Agrochemical
Co.
Ltd.
,
Class
A
48,210
85,765
Anhui
Jinhe
Industrial
Co.
Ltd.
,
Class
A
.....
11,200
26,091
Ganfeng
Lithium
Group
Co.
Ltd.
,
Class
A
....
4,999
23,682
Lianhe
Chemical
Technology
Co.
Ltd.
,
Class
A
64,800
60,690
Luxi
Chemical
Group
Co.
Ltd.
,
Class
A
.....
132,000
169,706
Security
Shares
Shares
Value
Chemicals
(continued)
Shandong
Sinocera
Functional
Material
Co.
Ltd.
,
Class
A
.....................
3,300
$
8,143
Sinopec
Shanghai
Petrochemical
Co.
Ltd.
,
Class
A
(a)
.......................
81,900
30,374
Sobute
New
Materials
Co.
Ltd.
,
Class
A
.....
8,200
9,769
Tangshan
Sanyou
Chemical
Industries
Co.
Ltd.
,
Class
A
........................
25,600
17,919
Valiant
Co.
Ltd.
,
Class
A
...............
8,500
15,164
Xinfengming
Group
Co.
Ltd.
,
Class
A
(a)
.....
65,800
108,534
Xinjiang
Zhongtai
Chemical
Co.
Ltd.
,
Class
A
.
17,300
11,941
Yunnan
Energy
New
Material
Co.
Ltd.
,
Class
A
2,100
12,408
Zhejiang
Wansheng
Co.
Ltd.
,
Class
A
......
30,500
37,375
617,561
Communications
Equipment
—
2.7%
Shenzhen
Sunway
Communication
Co.
Ltd.
,
Class
A
........................
28,200
65,545
Zhongji
Innolight
Co.
Ltd.
,
Class
A
........
2,800
39,879
ZTE
Corp.
,
Class
A
..................
76,226
232,823
338,247
Construction
&
Engineering
—
0.6%
China
State
Construction
Engineering
Corp.
Ltd.
,
Class
A
.....................
69,500
49,801
Shanghai
Pudong
Construction
Co.
Ltd.
,
Class
A
............................
19,500
18,831
68,632
Construction
Materials
—
0.2%
BBMG
Corp.
,
Class
A
.................
65,500
16,677
China
Jushi
Co.
Ltd.
,
Class
A
............
10,443
13,337
30,014
Consumer
Staples
Distribution
&
Retail
—
0.1%
Jiajiayue
Group
Co.
Ltd.
,
Class
A
.........
6,200
9,049
Electrical
Equipment
—
4.9%
Contemporary
Amperex
Technology
Co.
Ltd.
,
Class
A
........................
10,529
222,204
Goldwind
Science
&
Technology
Co.
Ltd.
,
Class
A
............................
101,204
98,240
Goneo
Group
Co.
Ltd.
,
Class
A
..........
10,760
139,172
Kehua
Data
Co.
Ltd.
,
Class
A
............
13,872
40,606
Qingdao
TGOOD
Electric
Co.
Ltd.
,
Class
A
..
21,000
49,195
Shanghai
Electric
Group
Co.
Ltd.
,
Class
A
(a)
..
23,400
12,953
Sunwoda
Electronic
Co.
Ltd.
,
Class
A
......
24,562
39,877
Zhuhai
CosMX
Battery
Co.
Ltd.
,
Class
A
....
5,909
11,034
613,281
Electronic
Equipment,
Instruments
&
Components
—
11.6%
Avary
Holding
Shenzhen
Co.
Ltd.
,
Class
A
...
21,300
51,860
BOE
Technology
Group
Co.
Ltd.
,
Class
A
....
765,600
383,394
Chaozhou
Three-Circle
Group
Co.
Ltd.
,
Class
A
5,400
17,146
Foxconn
Industrial
Internet
Co.
Ltd.
,
Class
A
..
79,000
146,013
Lens
Technology
Co.
Ltd.
,
Class
A
........
193,600
281,233
Lingyi
iTech
Guangdong
Co.
,
Class
A
......
103,400
68,228
Olympic
Circuit
Technology
Co.
Ltd.
,
Class
A
.
5,040
9,573
Shenzhen
Kinwong
Electronic
Co.
Ltd.
,
Class
A
4,400
10,635
TCL
Technology
Group
Corp.
,
Class
A
(a)
....
512,523
288,783
Tianma
Microelectronics
Co.
Ltd.
,
Class
A
(a)
..
122,136
141,170
Wingtech
Technology
Co.
Ltd.
,
Class
A
(a)
....
5,400
25,145
Xiamen
Faratronic
Co.
Ltd.
,
Class
A
.......
600
7,183
Zhejiang
Crystal-Optech
Co.
Ltd.
,
Class
A
...
13,700
18,745
1,449,108
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
3
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Entertainment
—
3.7%
37
Interactive
Entertainment
Network
Technology
Group
Co.
Ltd.
,
Class
A
.....
65,600
$
151,606
G-bits
Network
Technology
Xiamen
Co.
Ltd.
,
Class
A
........................
5,851
147,327
Hangzhou
Electronic
Soul
Network
Technology
Co.
Ltd.
,
Class
A
..................
3,600
9,138
Perfect
World
Co.
Ltd.
,
Class
A
..........
115,571
153,690
461,761
Food
Products
—
3.2%
Foshan
Haitian
Flavouring
&
Food
Co.
Ltd.
,
Class
A
........................
6,651
31,467
Inner
Mongolia
Yili
Industrial
Group
Co.
Ltd.
,
Class
A
........................
63,600
239,869
Meihua
Holdings
Group
Co.
Ltd.
,
Class
A
....
39,600
54,935
Muyuan
Foods
Co.
Ltd.
,
Class
A
..........
11,765
57,746
Wens
Foodstuffs
Group
Co.
Ltd.
,
Class
A
....
7,940
20,751
404,768
Health
Care
Equipment
&
Supplies
—
0.9%
Jafron
Biomedical
Co.
Ltd.
,
Class
A
........
3,600
8,956
Shenzhen
Mindray
Bio-Medical
Electronics
Co.
Ltd.
,
Class
A
.....................
1,097
41,012
Sinocare,
Inc.
,
Class
A
................
16,900
55,951
105,919
Health
Care
Providers
&
Services
—
1.7%
Aier
Eye
Hospital
Group
Co.
Ltd.
,
Class
A
...
20,101
35,876
Shanghai
Pharmaceuticals
Holding
Co.
Ltd.
,
Class
A
........................
72,500
171,150
207,026
Household
Durables
—
5.5%
Gree
Electric
Appliances,
Inc.
of
Zhuhai
,
Class
A
............................
83,415
409,678
Hisense
Home
Appliances
Group
Co.
Ltd.
,
Class
A
........................
45,935
159,543
Hisense
Visual
Technology
Co.
Ltd.
,
Class
A
.
12,800
39,456
Midea
Group
Co.
Ltd.
,
Class
A
...........
10,387
84,180
692,857
Independent
Power
and
Renewable
Electricity
Producers
—
0.7%
CECEP
Solar
Energy
Co.
Ltd.
,
Class
A
.....
129,900
91,126
Insurance
—
0.5%
China
Life
Insurance
Co.
Ltd.
,
Class
A
......
8,900
35,669
Ping
An
Insurance
Group
Co.
of
China
Ltd.
,
Class
A
........................
4,800
27,119
62,788
Life
Sciences
Tools
&
Services
—
0.1%
Hangzhou
Tigermed
Consulting
Co.
Ltd.
,
Class
A
............................
2,429
13,715
Joinn
Laboratories
China
Co.
Ltd.
,
Class
A
...
1,600
3,683
17,398
Machinery
—
7.3%
CRRC
Corp.
Ltd.
,
Class
A
..............
157,090
124,258
Sinotruk
Jinan
Truck
Co.
Ltd.
,
Class
A
......
29,300
56,984
Tian
Di
Science
&
Technology
Co.
Ltd.
,
Class
A
23,100
18,411
Weichai
Power
Co.
Ltd.
,
Class
A
..........
55,400
113,691
Wuxi
Lead
Intelligent
Equipment
Co.
Ltd.
,
Class
A
............................
4,800
13,256
Yutong
Bus
Co.
Ltd.
,
Class
A
............
159,775
336,685
Zhengzhou
Coal
Mining
Machinery
Group
Co.
Ltd.
,
Class
A
.....................
110,400
196,131
Security
Shares
Shares
Value
Machinery
(continued)
Zoomlion
Heavy
Industry
Science
&
Technology
Co.
Ltd.
,
Class
A
..................
50,181
$
50,254
909,670
Media
—
0.2%
Oriental
Pearl
Group
Co.
Ltd.
,
Class
A
......
31,800
30,202
Metals
&
Mining
—
2.8%
Baoshan
Iron
&
Steel
Co.
Ltd.
,
Class
A
.....
105,200
90,103
CMOC
Group
Ltd.
,
Class
A
.............
11,900
8,896
Hunan
Valin
Steel
Co.
Ltd.
,
Class
A
........
72,000
54,674
Maanshan
Iron
&
Steel
Co.
Ltd.
,
Class
A
....
17,600
6,461
Yunnan
Copper
Co.
Ltd.
,
Class
A
.........
136,800
192,237
352,371
Oil,
Gas
&
Consumable
Fuels
—
1.9%
PetroChina
Co.
Ltd.
,
Class
A
............
202,900
236,051
Paper
&
Forest
Products
—
0.2%
Shandong
Bohui
Paper
Industrial
Co.
Ltd.
,
Class
A
........................
15,900
11,497
Shanying
International
Holding
Co.
Ltd.
,
Class
A
(a)
...........................
52,400
12,449
23,946
Passenger
Airlines
—
0.2%
Air
China
Ltd.
,
Class
A
(a)
...............
22,900
22,668
Personal
Care
Products
—
0.0%
Proya
Cosmetics
Co.
Ltd.
,
Class
A
........
20
229
Yunnan
Botanee
Bio-Technology
Group
Co.
Ltd.
,
Class
A
.....................
600
4,710
4,939
Pharmaceuticals
—
8.1%
Dong-E-E-Jiao
Co.
Ltd.
,
Class
A
..........
45,900
335,478
Henan
Lingrui
Pharmaceutical
Co.
,
Class
A
..
8,700
20,489
Hubei
Jumpcan
Pharmaceutical
Co.
Ltd.
,
Class
A
............................
1,575
6,600
Jiangzhong
Pharmaceutical
Co.
Ltd.
,
Class
A
.
6,700
19,850
Joincare
Pharmaceutical
Group
Industry
Co.
Ltd.
,
Class
A
.....................
123,797
185,110
Livzon
Pharmaceutical
Group,
Inc.
,
Class
A
..
19,100
90,080
Sichuan
Kelun
Pharmaceutical
Co.
Ltd.
,
Class
A
............................
34,868
112,227
Tasly
Pharmaceutical
Group
Co.
Ltd.
,
Class
A
.
32,532
65,007
Tonghua
Dongbao
Pharmaceutical
Co.
Ltd.
,
Class
A
........................
110,037
142,028
Yunnan
Baiyao
Group
Co.
Ltd.
,
Class
A
.....
2,200
14,243
Zhejiang
Medicine
Co.
Ltd.
,
Class
A
.......
20,400
26,048
1,017,160
Real
Estate
Management
&
Development
—
0.9%
Poly
Developments
and
Holdings
Group
Co.
Ltd.
,
Class
A
.....................
39,400
52,508
Shenzhen
Overseas
Chinese
Town
Co.
Ltd.
,
Class
A
(a)
.......................
143,300
58,887
111,395
Semiconductors
&
Semiconductor
Equipment
—
2.3%
Amlogic
Shanghai
Co.
Ltd.
,
Class
A
.......
4,347
26,844
Espressif
Systems
Shanghai
Co.
Ltd.
,
Class
A
(a)
1,017
11,407
JCET
Group
Co.
Ltd.
,
Class
A
...........
2,900
9,046
Qingdao
Gaoce
Technology
Co.
Ltd.
,
Class
A
.
1,740
6,503
Shenzhen
SC
New
Energy
Technology
Corp.
,
Class
A
........................
9,074
71,394
SICC
Co.
Ltd.
,
Class
A
(a)
...............
1,215
8,249
TCL
Zhonghuan
Renewable
Energy
Technology
Co.
Ltd.
,
Class
A
..................
13,440
22,990
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
4
(Percentages
shown
are
based
on
Net
Assets)
Security
Shares
Shares
Value
Semiconductors
&
Semiconductor
Equipment
(continued)
Tongwei
Co.
Ltd.
,
Class
A
..............
36,473
$
118,219
Zhejiang
Jingsheng
Mechanical
&
Electrical
Co.
Ltd.
,
Class
A
.....................
2,790
12,697
287,349
Software
—
1.5%
360
Security
Technology,
Inc.
,
Class
A
(a)
....
57,700
54,651
Arcsoft
Corp.
Ltd.
,
Class
A
..............
5,157
19,175
Beijing
Deep
Glint
Technology
Co.
Ltd.
,
Class
A
(a)
...........................
5,325
9,858
Fujian
Apex
Software
Co.
Ltd.
,
Class
A
.....
2,000
10,167
Fujian
Foxit
Software
Development
JSC
Ltd.
,
Class
A
........................
3,307
21,783
Glodon
Co.
Ltd.
,
Class
A
...............
5,480
9,315
Newland
Digital
Technology
Co.
Ltd.
,
Class
A
.
5,300
11,635
Sangfor
Technologies,
Inc.
,
Class
A
(a)
......
4,927
37,391
Yonyou
Network
Technology
Co.
Ltd.
,
Class
A
8,169
12,703
186,678
Specialty
Retail
—
0.5%
HLA
Group
Corp.
Ltd.
,
Class
A
...........
57,422
61,394
Technology
Hardware,
Storage
&
Peripherals
—
0.2%
Anker
Innovations
Technology
Co.
Ltd.
,
Class
A
3,000
28,603
Water
Utilities
—
0.6%
Chengdu
Xingrong
Environment
Co.
Ltd.
,
Class
A
............................
95,800
77,685
Wireless
Telecommunication
Services
—
1.3%
China
United
Network
Communications
Ltd.
,
Class
A
........................
249,579
156,866
Total
Long-Term
Investments
—
100
.0
%
(Cost:
$
13,341,531
)
...............................
12,502,300
Short-Term
Securities
Money
Market
Funds
—
1.1%
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class
,
5.21
%
(b)
(c)
..................
138,525
138,525
Total
Short-Term
Securities
—
1
.1
%
(Cost:
$
138,525
)
.................................
138,525
Total
Investments
—
101
.1
%
(Cost:
$
13,480,056
)
...............................
12,640,825
Liabilities
in
Excess
of
Other
Assets
—
(
1.1
)
%
.............
(
132,512
)
Net
Assets
—
100.0%
...............................
$
12,508,313
(a)
Non-income
producing
security.
(b)
Affiliate
of
the
Fund.
(c)
Annualized
7-day
yield
as
of
period
end.
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
5
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the period
ended
January
31,
2024
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
10/31/23
Purchases
at
Cost
Proceeds
from
Sale
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
01/31/24
Shares
Held
at
01/31/24
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Liquidity
Funds,
T-Fund,
Institutional
Class
.
$
51,164
$
87,361
(a)
$
—
$
—
$
—
$
138,525
138,525
$
1,883
$
—
—
—
(a)
Represents
net
amount
purchased
(sold).
For
Fund
compliance
purposes,
the
Fund's
industry
classifications
refer
to
one
or
more
of
the
industry
sub-classifications
used
by
one
or
more
widely
recognized
market
indexes
or
rating
group
indexes,
and/or
as
defined
by
the
investment
adviser.
These
definitions
may
not
apply
for
purposes
of
this
report,
which
may
combine
such
industry
sub-classifications
for
reporting
ease.
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
6
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments.
These
inputs
to
valuation
techniques
are
categorized
into
a
fair
value
hierarchy
consisting
of
three
broad
levels
for
financial
reporting
purposes
as
follows:
Level
1
—
Unadjusted
price
quotations
in
active
markets/exchanges
for
identical
assets
or
liabilities
that
the
Fund
has
the
ability
to
access;
Level
2
—
Other
observable
inputs
(including,
but
not
limited
to,
quoted
prices
for
similar
assets
or
liabilities
in
markets
that
are
active,
quoted
prices
for
identical
or
similar
assets
or
liabilities
in
markets
that
are
not
active,
inputs
other
than
quoted
prices
that
are
observable
for
the
assets
or
liabilities
(such
as
interest
rates,
yield
curves,
volatilities,
prepayment
speeds,
loss
severities,
credit
risks
and
default
rates)
or
other
market-corroborated
inputs);
and
Level
3
—
Unobservable
inputs
based
on
the
best
information
available
in
the
circumstances,
to
the
extent
observable
inputs
are
not
available
(including
the
Valuation
Committee's
assumptions
used
in
determining
the
fair
value
of
financial
instruments).
The
hierarchy
gives
the
highest
priority
to
unadjusted
quoted
prices
in
active
markets
for
identical
assets
or
liabilities
(Level
1
measurements)
and
the
lowest
priority
to
unobservable
inputs
(Level
3
measurements).
Accordingly,
the
degree
of
judgment
exercised
in
determining
fair
value
is
greatest
for
instruments
categorized
in
Level
3.
The
inputs
used
to
measure
fair
value
may
fall
into
different
levels
of
the
fair
value
hierarchy.
In
such
cases,
for
disclosure
purposes,
the
fair
value
hierarchy
classification
is
determined
based
on
the
lowest
level
input
that
is
significant
to
the
fair
value
measurement
in
its
entirety.
Investments
classified
within
Level
3
have
significant
unobservable
inputs
used
by
the
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds.
There
may
not
be
a
secondary
market,
and/
or
there
are
a
limited
number
of
investors.
The
categorization
of
a
value
determined
for
financial
instruments
is
based
on
the
pricing
transparency
of
the
financial
instruments
and
is
not
necessarily
an
indication
of
the
risks
associated
with
investing
in
those
securities.
For
information
about
the
Fund’s
policy
regarding
valuation
of
financial
instruments,
refer
to
its
most
recent
financial
statements.
The
following
table
summarizes
the
Fund’s
financial
instruments
categorized
in
the
fair
value
hierarchy.
The
breakdown
of
the
Fund's
financial
instruments
into
major
categories
is
disclosed
in
the
Schedule
of
Investments
above.
Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Futures
Contracts
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long
Contracts
FTSE
China
A50
Index
......................................................
11
02/28/24
$
122
$
(
2,099
)
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
Aerospace
&
Defense
....................................
$
—
$
17,355
$
—
$
17,355
Automobile
Components
..................................
10,574
233,253
—
243,827
Automobiles
..........................................
—
532,546
—
532,546
Banks
...............................................
—
911,238
—
911,238
Beverages
...........................................
—
1,279,083
—
1,279,083
Biotechnology
.........................................
—
8,958
—
8,958
Building
Products
.......................................
—
26,547
—
26,547
Capital
Markets
........................................
—
806,234
—
806,234
Chemicals
............................................
85,765
531,796
—
617,561
Communications
Equipment
................................
—
338,247
—
338,247
Construction
&
Engineering
................................
—
68,632
—
68,632
Construction
Materials
....................................
—
30,014
—
30,014
Consumer
Staples
Distribution
&
Retail
........................
—
9,049
—
9,049
Electrical
Equipment
.....................................
—
613,281
—
613,281
Electronic
Equipment,
Instruments
&
Components
.................
—
1,449,108
—
1,449,108
Entertainment
.........................................
147,327
314,434
—
461,761
Food
Products
.........................................
20,751
384,017
—
404,768
Health
Care
Equipment
&
Supplies
...........................
—
105,919
—
105,919
Health
Care
Providers
&
Services
............................
—
207,026
—
207,026
Household
Durables
.....................................
—
692,857
—
692,857
Independent
Power
and
Renewable
Electricity
Producers
............
—
91,126
—
91,126
Insurance
............................................
—
62,788
—
62,788
Life
Sciences
Tools
&
Services
..............................
—
17,398
—
17,398
Schedule
of
Investments
(unaudited)
(continued)
January
31,
2024
BlackRock
China
A
Opportunities
Fund
7
Level
1
Level
2
Level
3
Total
Machinery
............................................
$
355,096
$
554,574
$
—
$
909,670
Media
...............................................
—
30,202
—
30,202
Metals
&
Mining
........................................
—
352,371
—
352,371
Oil,
Gas
&
Consumable
Fuels
...............................
—
236,051
—
236,051
Paper
&
Forest
Products
..................................
—
23,946
—
23,946
Passenger
Airlines
......................................
—
22,668
—
22,668
Personal
Care
Products
..................................
—
4,939
—
4,939
Pharmaceuticals
.......................................
19,850
997,310
—
1,017,160
Real
Estate
Management
&
Development
.......................
—
111,395
—
111,395
Semiconductors
&
Semiconductor
Equipment
....................
—
287,349
—
287,349
Software
.............................................
—
186,678
—
186,678
Specialty
Retail
........................................
—
61,394
—
61,394
Technology
Hardware,
Storage
&
Peripherals
....................
—
28,603
—
28,603
Water
Utilities
.........................................
77,685
—
—
77,685
Wireless
Telecommunication
Services
.........................
—
156,866
—
156,866
Short-Term
Securities
Money
Market
Funds
......................................
138,525
—
—
138,525
$
855,573
$
11,785,252
$
—
$
12,640,825
Derivative
Financial
Instruments
(a)
Liabilities
Equity
contracts
...........................................
$
—
$
(
2,099
)
$
—
$
(
2,099
)
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Fair
Value
Hierarchy
as
of
Period
End
(continued)