P1
Fundamentals of Securities and Futures Regulation9 regulatory chapters
HKSIPapersLicensing Exam intelligenceHKSI LE · Licensing Examination
Three papers.
One deliberate method.
HKSIPapers provides three dedicated apps for HKSI LE Papers 1, 7 and 8. Build the regulatory framework in Paper 1, understand financial markets in Paper 7, and master securities products and market operations in Paper 8—with bilingual teaching, original practice and error review for each paper.
3 appsdedicated to Papers 1, 7 and 8
22 topics9 + 7 + 6 teaching units
ZH / ENbilingual learning across all three
PAPERS1·7·8
REGULATION / MARKETS / SECURITIES
HKSIPAPERS / 2026Paper 1 · 7 · 8
3 dedicated apps
3 dedicated apps
Exam snapshot
Checked in July 2026. Confirm current details with the HKSI Institute before enrolling.70%pass markMCQcomputer-basedZH / ENquestion language
FIRST-PARTY LEARNING DATA
125,919 real answers reorder the revision priority
These figures come from three production banks as at 18 August 2026, counted from real in-app answer records that each carry a correct/incorrect result. This is a practice correct rate, not the official HKSI pass rate — practice allows retries and shows explanations, so it normally runs above real exam performance. Paper 8's total sample is 1,887 answers, which is thin; read it with that in mind.
125,919real answers across Papers 1, 7 and 8
5,425original questions in three production banks
66.3%weighted practice correct rate
Practice correct rateproduction-bank selections
Paper 1
66.8%119,379 answers
Paper 7
59.2%4,653 answers
Paper 8
54.1%1,887 answers
Where answers break downtopic-level signal
01
Paper 8 · Securities analysislowest topic across the three papers, but on only 250 answers — treat as directional
42.4%02
Paper 7 · Global financial systemthe weakest chapter of the paper; cross-market relationships confuse most
56.1%03
Read the complete HKSI question-bank data reportPaper 1 · Raising public capitalweakest chapter on the firmest sample, 9,714 answers
60.8%PAPERS / 路線
Choose the paper before planning the revision
Each app maps to one paper instead of mixing the syllabuses. Paper 1 covers the regulatory framework, Paper 7 builds financial-market foundations, and Paper 8 focuses on securities products and market operations.
THREE DISTINCT SYLLABUSES
Three papers form
one capability chain.
The apps keep the syllabuses distinct: nine regulatory topics for Paper 1, seven financial-market topics for Paper 7, and six securities-practice topics for Paper 8. Choose the right paper, then build the right framework.
View the three dedicated apps
ORIGINAL
PRACTICE
QUESTIONS
METHOD / 方法
Practice judgment, not recall.
Official past papers are not provided or reproduced here. Every question is original and written around the scope of its paper, helping you understand concepts, spot traps and apply what you know in unfamiliar situations.
01
Identify the domainDecide whether the item tests regulation, a market mechanism, or a securities product and practice.
02
Apply the right frameworkUse the relevant rule, calculation, market relationship or product feature instead of guessing from keywords.
03
Log the reason for the errorClassify misses as definition, number, procedure, calculation, exception or role confusion.
THE APPS / 題庫
Three dedicated apps.
One traceable revision method.
10min HKSI1, HKSI7 and HKSI8 each carry the teaching and question bank for their own paper. Topic practice, bilingual display, reasoned explanations and focused error review follow the same clear learning loop.
- Separate courses and banks for Papers 1, 7 and 8
- Chinese, English or bilingual questions
- Student-facing explanations and common traps
- Topic practice and focused error review
P7
Financial Markets7 market-foundation topics
P8
Securities6 securities-practice topics
FAQ / 核對
Before you sit the exam
HKSIPapers is an independent revision resource. It is not an official HKSI Institute or SFC website and is not endorsed by either body.
The HKSI Institute currently states a 70% pass mark for each LE paper. Papers 1 and 7 have 60 MCQs in 90 minutes; Papers 8 and 12 have 40 MCQs in 60 minutes.
READY / 開始
Choose the paper, then answer deliberately.
Open the dedicated Paper 1, 7 or 8 app, study the matching topics and turn every error into the next revision target.
Choose Paper 1, 7 or 8
P1
Fundamentals of Securities and Futures Regulation9 regulatory chapters
P7
Financial Markets7 market-foundation topics
P8
Securities6 securities-practice topics
