Soochow Securities Co. Ltd

The banking services developed greatly. The services of deposits and loans of various kinds in banking institutions grew rapidly. By the end of 2003 the balance of RMB deposit accounts and loans were 314.979 billion yuan and 235.928 billion yuan, up by 41.1% and 58.1% compared with figures at the beginning of 2003. The balance of deposit accounts and loans in foreign currencies were 3.16 billion USD and 3.358 billion USD,increasing 8.4% and 117.9% compared with figures at the beginning of 2003.The margin of loans increased was bigger than that of deposit accounts. In 2003 the total cash income was 793.039 billion yuan and the cash payment was 817.302 billion yuan, up by 36.1% and 36.4% respectively over the previous year.

Stock Market

The city's securities exchange accounts reached 530,000,11,000 more than that of the previous year. The exchange turnover of stocks and bonds in 2003 was 81.83 billion yuan, up by 6% over the previous year. The number of securities agencies in the city grew to 32, 3 more than that of the previous year.The biggest local securities agency-Dongwu Securities'profit rate ranked No. 4 in China according to the statistics by Shanghai Securities Exchange.

Building of Construction Bank of China

The insurance industry continued its fast growth. By the end of 2003 there were 12 insurance institutions. The total premium in 2003 reached 6.42 billion yuan, up by 36.5% over the previous year. The settled and paid compensation reached 1.38 billion yuan.

Sumitomo Mitsui Banking Corporation