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Third, the feasibility and challenges of establishing a stock exchange in xiong'an new area.2. The all-round influence of the stock exchange on the cityXiong'an new area Wants to Become the Northern "Shenzhen": An Indispensable Millennium Strategic Condition for Stock Exchanges.

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.Xiong'an new area Wants to Become the Northern "Shenzhen": An Essential Millennium Strategy Enhancement Condition for Stock Exchanges.

2. The all-round influence of the stock exchange on the cityXiong'an new area Wants to Become the Northern "Shenzhen": An Indispensable Millennium Strategic Condition for Stock Exchanges.1. Feasibility analysis