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Tencent and Visa are expanding their payments partnership in China, following recent regulatory approvals for foreign financial firms operating there. The announcement was reported by CNBC on October 29, 2026. The partnership gives Visa a wider role in payments tied to Tencent's platforms as foreign firms gain approval to operate in China's financial sector. Further details on the scope and timing of the expansion were not included in the available reporting.

1 outlet · 1 article · first seen Oct 29, 3:38 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLF closed at 56.13, up 0.45%, on 2026-10-28. Listed for: Financials sector ETF.

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