In his speech, Li said that China will continue to open up its banking sector to the world by removing foreign ownership caps on banks, brokerage houses and fund management firms. (iflr.com)
He has also said a foreign - ownership cap of 49 per cent should remain in place for both sectors, and that loosened restrictions should apply to all industry players, not just capital - hungry new wireless entrants, but also the incumbent providers, such as BCE Inc., Telus Corp. and Rogers Communications Inc.. (theglobeandmail.com)
Icahn had previously suggested he might push the company to go private, though the 25 percent ownership cap makes that option less likely. (sandiegouniontribune.com)