Acquisition talk sparks rally in CASH Financial and associate Net2Gather

Shares in CASH Financial Services Group, a Hong Kong-based brokerage firm, and its associate Net2Gather (China) Holdings surged yesterday on speculation that a potential investor is interested in acquiring the broker.

CASH Financial gained 43 per cent to close the session at 10.7 Hong Kong cents, its highest level since March this year. The stock jumped as much as 84 per cent in the morning.

Net2Gather, a mobile service provider on the mainland, rallied 38.89 per cent to finish at 7.5 Hong Kong cents, its highest level since July.

via Business feed http://www.scmp.com/business/companies/article/1041049/acquisition-talk-sparks-rally-cash-financial-and-associate