HK Hot Stocks: DCH in flat debut, Hidili down

HONG KONG, Oct 17 (Reuters) - Here are some stocks on the move in Hong Kong on Wednesday:

As of 0233 GMT, the blue-chip Hang Seng Index .HSI was down 0.7 percent, pacing declines in other Asian markets.

The index opened down 1 percent at 28,674.27.

STOCKS ON THE MOVE:

* Dah Chong Hong (DCH) (1828.HK: Quote, Profile, Research, Stock Buzz), a conglomerate being spun off by Beijing-run Citic Pacific Ltd (0267.HK: Quote, Profile, Research, Stock Buzz), had traded between HK$5.87 and HK$6.04, or up to a 2.7 percent gain above its IPO price of HK$5.88 per share.

* Hidili Industry (1393.HK: Quote, Profile, Research, Stock Buzz) sank 6.4 percent to HK$14.12 after saying its shareholder, Baring Private Equity Asia, was placing 220 million shares, or 11 percent of the existing share capital. Trading in the stock will resume on Wednesday.

* Shenzhen International Holdings Ltd (0152.HK: Quote, Profile, Research, Stock Buzz) shot up 7.6 percent to HK$1.27 in resumed trade after saying it would buy stakes in two logistics infrastructure projects in China for about 4.3 billion yuan (US$572 million).