Visa receives China approval: stock pre-market at EUR 350.85
Published on 10/13/2026 at 07:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- Visa received approval to prepare a domestic business in China.
- The approval came from the People’s Bank of China.
- Visa stock was at EUR 350.85 pre-market at Lang & Schwarz on October 13, 2026.
Visa announced on October 13, 2026, that it had received approval from the People’s Bank of China to begin formal preparations for a domestic bankcard clearing institution. At 7:30 a.m. CEST on October 13, 2026, Visa stock was at EUR 350.85 in pre-market trading at Lang & Schwarz.
Pre-market trading
The euro price reflects trading at Lang & Schwarz before the Xetra session. The further course from the Xetra open at 9:00 a.m. CET/CEST is shown by the continuously updated real-time quote of Visa stock.
Visa prepares China business
According to Visa, the approval allows the company to start the formal preparation process for a domestic bankcard clearing institution in China. Visa said the step supports its efforts to serve China’s domestic payments market.
Visa Chief Executive Officer Ryan McInerney said the company would take the necessary steps under the People’s Bank of China’s regulations to begin operating domestically. Visa added that it would continue efforts to complete the process and start domestic bankcard clearing operations.
Market context: Market report S&P 500.
