Dongxing Securities Co Ltd, a Beijing-based state-owned securities and financial services company, recently set up its Suzhou branch and a securities service office in SIP’s Jinji Lake CBD.

Founded in 2008 with registered capital of RMB 2.758 billion, Dongxing Securities is known as the country’s first listed company of its kind. It went public at Shanghai Stock Exchange in 2015 and was rated an A-class securities broker last year. The company boasts integrated on- and off-line service systems to provide comprehensive securities and financial services to domestic and overseas clients.

It is learnt that SIP is now home to nearly 1,000 financial institutions which are fueling a boom of financial services in the area.