Yucheng Technologies Limited (YTEC)

This company recently revised its 2008 estimates upwards to about $100 million. That puts it ahead of its major competitor, Longtop (LFT). The Point of Sale segment only generates about 3% of revenue, but they are quite successful with their consulting and software. They work with all sizes of banks. Their ASP project (application software provider--they provide the software which runs on, in this case, a third party's server) has five clients, and this is quite scalable. They're getting out of the hardware business, which increases sales but doesn't have high margins.

Their own estimates of growth are about 30% for next year. They have a good position and an apparently good reputation in China. I believe China's banking industry will spend heavily on beefing up their internal systems. If that spending starts to swing to e-banking and call centers, where YTEC is the leading provider, this stock could benefit substantially.