 "The ban hit Chinese firms just as they were beginning to make headway in the world’s fastest-growing mobile arena")
Having begun delisting 26 companies so far this year, China's securities regulator is set to remove a record number of firms from the stock exchange, heeding a message from Vice Premier Liu He to ensure the "survival of the fittest".
Liu reinforced the urgency to weed out bad companies from the stock market at a meeting of the State Council on Saturday, heralding a change in approach for the regulator, which had only delisted 110 companies between 2001 and 2018.
China has introduced a US-style system to make listing easier for Shenzhen's start-up board ChiNext. The system was first adopted
