U.S. Stock Market Fluctuations | Visa (V.US) and Mastercard (MA.US) Both Reach All-Time Highs; Visa Approved by China’s Central Bank to Conduct Bank Card Clearing Business in Mainland China

Zhihu Finance APP reports that on Tuesday, both Visa (V.US) and Mastercard (MA.US) rose more than 1% in early trading, reaching record highs. In terms of news, U.S. payment giant Visa announced that it has received approval from the People's Bank of China to prepare for establishing a bank card clearing business in mainland China, paving the way for it to follow in the footsteps of competitors Mastercard and American Express to enter the vast Chinese payment market.