Yucheng Tech Could Rise on Bullish Note
Aggregated Source: China Stocks News and Analysis from Seeking AlphaSusquehanna is out very a good call on Yucheng Technologies Limited (NASDAQ:YTEC) saying that it earlier hosted marketing meetings with the management of YTEC, a small-cap IT Services and Products company based in Beijing. Currently, three large banks - Construction, Agriculture, and CITIC - comprise a large percentage of YTEC's revenue. While these contracts are doing well, the frim came away from discussions with increasing confidence YTEC will potentially close another large and regional bank in the near future.
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