Shandong: 1.2 percentage points higher than the national average, the added value of the financial industry in Shandong Province in the first quarter of 2025 increased by 5% year-on-year.

According to Li Kundao, Deputy Director of the Office of the Financial Committee of the Shandong Provincial Party Committee and spokesman, as of the end of March, the province's social financing scale, loan and deposit balance grew by 10.5%, 9.9%, and 9.7% year-on-year, respectively, with growth rates higher than the national average by 2.13, 2.97, and 2.78 percentage points; the province's financial industry value added grew by 5% year-on-year, exceeding the national average by 1.2 percentage points. In the first quarter, the province added three new listed companies, with initial public offerings totaling 22.8 billion yuan, a year-on-year increase of 59.8%; currently, the Hong Kong Stock Exchange has six companies under review, with four applying in the first quarter; the trend of large enterprise groups listing on the stock market is becoming more evident, with 27 enterprise groups having two or more listed companies.