BRIEF-Hao Tian Development Says Through 2 Units, Entered Sale & Purchase Agreements With Js High Speed Ltd

March 16 (Reuters) - Hao Tian Development Group Ltd :

* THROUGH 2 UNITS, ENTERED SALE & PURCHASE AGREEMENTS WITH JS HIGH SPEED LTD

* DEAL FOR HK$807.7 MILLION

* EXPECTS TO RECOGNISE UNAUDITED LOSS OF ABOUT HK$2.7 MILLION FROM DISPOSAL

* AGREEMENT FOR DISPOSAL OF AN AGGREGATE OF 2.83 BILLION SHARES OF CHINA SHANDONG HI-SPEED FINANCIAL GROUP LTD

* DISPOSAL AT SALE PRICE OF HK$0.285 PER SHARE Source text for Eikon: Further company coverage: