- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Feb 1, 2022
- Business
- iShares MSCI China Multisector Tech ETF (TCHI) seeks to track the investment results of the MSCI China Technology Sub-Industries Select Capped Index, which comprises large- and mid-cap Chinese equities in technology and technology-related industries, including companies engaged in software, semiconductors, hardware, internet services, and consumer electronics; the fund invests at least 80% of its assets in component securities of the index or investments with similar economic characteristics, with top holdings such as PDD Holdings Inc., Kuaishou Technology, Xiaomi Corp., Alibaba Group Holding Ltd., and Baidu Inc., representing exposure across sectors like technology (approximately 44%), communication services (21%), and consumer cyclical (19%). Launched on January 25, 2022 and domiciled in the United States, TCHI is issued and managed by BlackRock through its iShares brand, with headquarters in New York, New York; it trades on the NASDAQ exchange under the ticker TCHI, features a net expense ratio of 0.59%, and as of late 2025 maintains total net assets of approximately $43 million. The ETF targets investors seeking passive exposure to China's multisector technology ecosystem, including A-shares, H-shares, P-chips, and foreign listings of Chinese firms, with geographic focus on mainland China, Hong Kong, and international listings accessible to U.S. investors. Recent portfolio management updates in April 2025 added Peter Sietsema, Matt Waldron, and Steven White to the team alongside existing managers Jennifer Hsui and Paul Whitehead, reflecting standard operational enhancements by BlackRock; meanwhile, hedge fund activity in Q2 2025 showed increased institutional ownership to 37.71% of shares, with new positions opened by firms like Citadel Advisors and Principal Financial Group, alongside a 92.1% drop in short interest by mid-October 2025, indicating shifting market dynamics but no major strategic shifts, acquisitions, or product launches for the ETF itself.