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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| MasterCard Incorporated | NYSE:MA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 442.07 | 124 | 09:04:25 |
From May 2019 to May 2024
By Yifan Wang
China's central bank has approved an application from a Chinese joint venture of Mastercard Inc. to start a bank-card clearing business in the country.
The decision, made with China's banking regulator, gives Mastercard's JV one year to prepare for the clearing business, after which the company can apply to commence operations, the People's Bank of China said in a statement Tuesday.
The action is part of efforts to open up China's financial industry, the PBOC said.
Write to Yifan Wang at yifan.wang@wsj.com
(END) Dow Jones Newswires
February 11, 2020 05:14 ET (10:14 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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