HSBC's services PMI stands at 52.4 in September from August's 52.8

China's service sector expanded at a moderate pace in September, indicated by a 52.4 reading for the HSBC Services Purchasing Managers' Index, down from 52.8 in August, the bank said on Tuesday.

A report from HSBC Holdings Plc suggested that growth in service-sector activity "remained substantially below-trend".