CSRC to boost IPO reform plan

Regulators will 'strictly' implement delisting for underperforming firms

The China Securities Regulatory Commission will launch a support system for the nation's IPO reform plan and strictly implement a delisting system, the commission said on Friday.

The IPO reform plan, which was released on Nov 30, was widely welcomed by the market, and the CSRC is quickening the pace of the launch of a support system.