In 2016, the add value of Shenzhen's financial industry reached 287.69 billion yuan, up 14.6% from the previous year, ranking third in China. The added value of the financial industry accounted for 14.8% of the city's GDP. The city's total assets of the industry amounted to 12.7 trillion yuan, ranking third in China. The total assets of banks were 7.85 trillion yuan. The total assets of securities and insurance companies reached 1.25 trillion yuan and 3.6 trillion yuan, respectively. Shenzhen has 233 listed companies, ranking sixth in the country. The total market value of the listed companies reached 4.35 trillion yuan, ranking third in the country. Shenzhen has 403 financial institutions with the numbers of its banks, securities institutions, insurance companies and foreign financial companies and employees ranking among the tops in China.