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However, the establishment of a stock exchange in xiong'an new area also faces some challenges. The first is the pressure of market competition. The existing domestic stock exchanges have a high reputation and market share, so xiong'an new area Stock Exchange needs to stand out from the numerous competitions. In this regard, xiong'an new area Stock Exchange can focus on serving the characteristic industrial enterprises in Xiong 'an New District and Beijing-Tianjin-Hebei region through differentiated development strategy, and form its own unique market positioning. Secondly, the improvement of the supervision system, securities trading involves the interests of many investors, and it is necessary to establish a sound supervision system. Xiong'an new area can learn from the advanced regulatory experience at home and abroad to build an efficient and transparent regulatory framework to ensure the healthy and stable operation of the stock exchange.If xiong'an new area has a stock exchange, it will greatly enhance its position in the financial field. First of all, it can attract more enterprises to list in xiong'an new area. These enterprises not only bring together funds, but also include the exchange and integration of technology, talents and management experience. For local enterprises, it is more convenient to enter the capital market for financing and accelerate the growth of enterprises. Secondly, the stock exchange will promote the development of financial innovation in xiong'an new area. For example, innovative financial products and services can be launched for xiong'an new area's characteristic industries, such as green buildings and smart cities. Furthermore, the stock exchange will attract a large number of financial talents to flow into xiong'an new area, improve the talent structure of xiong'an new area, and improve its financial service level and internationalization, thus bringing xiong'an new area closer to the goal of becoming a "Shenzhen" in the north.Summary: In many strategic conditions, the establishment of a stock exchange is indispensable for xiong'an new area to become the "Shenzhen" in the north. The stock exchange plays a great role in promoting the development of the city. Although xiong'an new area has certain conditions in the feasibility of establishing a stock exchange, it also faces many challenges. Only by overcoming these challenges and establishing a stock exchange in xiong'an new area can xiong'an new area provide a powerful financial impetus to become a northern "Shenzhen" and realize its grand goal of the Millennium.

Xiong'an new area Wants to Become the Northern "Shenzhen": An Essential Millennium Strategy Enhancement Condition for Stock Exchanges.The existence of the stock exchange has many influences on a city. First of all, it attracted a large number of financial institutions to gather and formed a complete financial industrial chain. Securities companies, fund companies and investment banks have set up branches in Shenzhen, where Shenzhen Stock Exchange is located. These financial institutions cooperate and compete with each other, which improves the efficiency and quality of financial services. Secondly, the development of stock exchanges has led to the gathering of relevant professionals, including financial analysts, investment consultants and securities lawyers. The influx of these talents not only improved the financial professional level of the city, but also promoted the development of the city's overall education and culture. Finally, the stock trading activities of the stock exchange promote the flow of capital and make the city one of the capital allocation centers in the region, even the whole country and the whole world.Can Beijing Stock Exchange move in?

2. Challenges and countermeasures1. xiong'an new area's Millennium Plan Positioning2. The all-round influence of the stock exchange on the city