The Beijing ** Exchange (Beijing Stock Exchange) officially opened, becoming the third ** exchange in China and the first ** exchange with the main positioning of serving innovative small and medium-sized enterprises. The opening of the Beijing Stock Exchange has aroused enthusiastic attention from the market and brought new opportunities and challenges to investors.
The opening of the Beijing Stock Exchange is also of great significance to Yanjiao, a place only 30 kilometers away from Beijing. Yanjiao used to be the hottest property market around Beijing, known as the "Shenzhen of the North", attracting a large number of people and investors from the north. However, since 2017, the Yanjiao property market has fallen into a downturn, with house prices all the way, transaction volume shrinking, vacancy rates rising, and many home buyers and developers are in trouble.
There are many reasons for the decline of the property market in Yanjiao. On the one hand, with the introduction of Beijing's policies such as purchase restrictions, loan restrictions, and sales restrictions, Yanjiao's investment demand has been severely hit, and many investors have withdrawn, resulting in oversupply in the market and housing prices. On the other hand, with the adjustment of Beijing's urban planning, Yanjiao's location advantages have also been affected, and key projects such as Beijing's urban sub-center and new airport have not settled in Yanjiao, but have chosen Tongzhou, Daxing and other areas, which has limited the development space of Yanjiao. In addition, Yanjiao's infrastructure and public services have not kept pace with the development of real estate, and there are deficiencies in transportation, education, medical care, and commerce, which affect the livability and attractiveness of Yanjiao.
The opening of the Beijing Stock Exchange is both an opportunity and a challenge for the Yanjiao property market. On the one hand, the opening of the Beijing Stock Exchange will bring new economic vitality and development opportunities to Yanjiao, and the operation and development of the Beijing Stock Exchange will drive the agglomeration and development of related financial, science and technology, service and other industries, create more jobs and income for Yanjiao, enhance Yanjiao's economic level and social influence, and will also attract more high-quality talents and enterprises to invest and start businesses in Yanjiao, increase Yanjiao's population and consumption, and promote Yanjiao's property market demand. On the other hand, the opening of the Beijing Stock Exchange will also bring new competition and pressure to the Yanjiao property market, the money-making effect of the Beijing Stock Exchange, will attract more capital inflows, siphon away part of the property market funds, affect the return on investment of the property market in Yanjiao, and will also make the property market in Yanjiao face more policy risks and regulatory risks, and the property market in Yanjiao will have to compete more fiercely with the Beijing Stock Exchange.
Therefore, for the Yanjiao property market, the opening of the Beijing Stock Exchange is a double-edged sword, which has both advantages and disadvantages. If Yanjiao property market wants to take advantage of the east wind of the Beijing Stock Exchange to achieve new development, it must carry out profound transformation and adjustment, enhance its core competitiveness and resilience, create property market products and services that are more in line with market demand and development direction, and improve Yanjiao's comprehensive strength and brand image, so as to get out of the downturn and usher in a new spring under the influence of the Beijing Stock Exchange.