HKSI Paper 12 pass rate
Asset Management
Across Aug 2025–Jul 2026 (12 sitting months), HKSI Paper 12 averaged 75.94% — 16th hardest of 17 papers. The month-to-month spread is 47.06 percentage points. The most recent half of the window averaged 68.6% versus 83.3% earlier — a decline of 14.7 points.
Month-by-month pass rate
Source: 香港證券及投資學會（HKSI Institute）官方「考試合格率」頁 Snapshot 2026-09-02．HKSI publishes a rolling 12-month window only; months outside it are no longer shown officially.
Which topics candidates actually get wrong
Measured from 131 real answers by 7 devices across 127 questions in our Paper 12 app. This is practice accuracy, not an exam pass rate. Topic names follow the Chinese chapter labels used in our question banks; the examinations themselves are bilingual.
Sample note: this paper has 131 answers from 7 devices — smaller than our other papers, so read the ordering as indicative rather than settled.
| Topic | Accuracy | Answers |
|---|
FAQ
- What is the pass rate for HKSI Paper 12?
- 75.94% on average across Aug 2025–Jul 2026, based on HKSI's own monthly figures. The best month was Nov 2025 at 100%; the worst Mar 2026 at 52.94%.
- Is HKSI Paper 12 hard?
- Relative to the other papers it is 16th hardest of 17 papers. Month-to-month it swings 47.06 percentage points (52.94%–100%), so the sitting you pick matters less than preparation.
- Which topics do candidates get wrong most in Paper 12?
- From 131 real practice answers, the weakest topic is “undefined” at undefined% accuracy, and the strongest is “undefined” at undefined%.
Other papers
Pass rates are reproduced from the HKSI Institute for reference only and may be revised at any time; confirm against the official page before relying on them.
