Sentences with phrase «ownership caps»

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.

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..

Icahn had previously suggested he might push the company to go private, though the 25 percent ownership cap makes that option less likely.

The Chinese government has said that it will remove the strict ownership caps on EVs by the end of the year, allowing foreign companies to wholly own businesses in China.

Talk of an imminent Tesla move into the Chinese electric vehicle market has grown with Beijing's removal of foreign ownership caps, but the American company's arrival will be welcomed, according to the president of a Chinese electric vehicle start - up.

Brookfield and its affiliates will participate in future repurchases of common stock by GGP so as not to exceed its 45 percent ownership cap.

Apr 17, 2018 (TREND News Agency via COMTEX)-- China will scrap foreign ownership caps on local auto companies by 2022 and will remove restrictions on new - energy vehicle ventures this year, a major shift that will open the market wider to carmakers from Nissan (7201.

That barrier's now been lifted: With the removal of ownership caps, the company no longer has to partner with a Chinese carmaker.

PBOC Governor Yi reiterated some key measures first announced in November, saying that foreign ownership caps on securities companies, fund managers and life insurers will be fully scrapped in three years.

Certain public statements indicate that an ownership cap of 12,000 hectares may be imposed on foreign persons.