BRIEF-China Hi-Tech Group To Buy 49% Stake In Yingedu.Com For 200 Million Yuan

Oct 10 (Reuters) - China Hi-Tech Group Co Ltd:

* SAYS IT PLANS TO BUY 49% STAKE IN YINGEDU.COM FOR 200.0 MILLION YUAN ($28.09 million) Source text in Chinese: https://bit.ly/325oqwT Further company coverage: ($1 = 7.1196 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)