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Third, the feasibility and challenges of establishing a stock exchange in xiong'an new area.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.First, the success of Shenzhen and the key significance of the stock exchange

1. xiong'an new area's Millennium Plan Positioning2. The role of the stock exchange in promoting the development of xiong'an new area.2. The role of the stock exchange in promoting the development of xiong'an new area.

2. The all-round influence of the stock exchange on the cityXiong'an new area is positioned as a national millennium plan and a national event, and its development goal is to become a national model for high-quality development and a new engine for promoting the coordinated development of Beijing, Tianjin and Hebei. To achieve this goal, we need strong financial support. At present, xiong'an new area is actively building a modern industrial system, attracting high-end manufacturing, modern service industry and scientific and technological innovation enterprises to settle in. These enterprises need a lot of capital investment in the development process. In addition to the traditional indirect financing methods such as bank loans, direct financing in the securities market is a more efficient and flexible way.Looking back on the development of Shenzhen, the establishment of Shenzhen Stock Exchange is one of the important driving factors for it to become an international metropolis. Shenzhen Stock Exchange provides a direct financing platform for enterprises, and many small and medium-sized enterprises and innovative enterprises have obtained the funds needed for development through listing on Shenzhen Stock Exchange. For example, the capital support of Shenzhen Stock Exchange played a vital role in the early development stage of a technology giant like Tencent. Shenzhen Stock Exchange not only provides funds for enterprises, but also standardizes the corporate governance structure and improves the transparency and market competitiveness of enterprises. According to statistics, since the establishment of Shenzhen Stock Exchange, the number of listed companies has reached thousands, and the total amount of financing has reached trillions, which has effectively promoted the economic prosperity of Shenzhen and its surrounding areas.