HKSI Paper 12 pass rate
Asset Management
Average
77.07%
Difficulty rank
16/17
Best month
100%
Nov 2025
Worst month
52.94%
Mar 2026
Across Jul 2025–Jun 2026 (12 sitting months), HKSI Paper 12 averaged 77.07% — 16th hardest of 17 papers. The month-to-month spread is 47.06 percentage points. The most recent half of the window averaged 71.7% versus 82.4% earlier — a decline of 10.7 points.
Month-by-month pass rate
Jul 2025
81.82%
Aug 2025
81.82%
Sep 2025
71.43%
Oct 2025
64.52%
Nov 2025
100%
▲
Dec 2025
95%
Jan 2026
87.1%
Feb 2026
69.44%
Mar 2026
52.94%
▼
Apr 2026
72.97%
May 2026
72.22%
Jun 2026
75.56%
Source: 香港證券及投資學會（HKSI Institute）官方「考試合格率」頁 Snapshot 2026-07-28．HKSI publishes a rolling 12-month window only; months outside it are no longer shown officially.
FAQ
- What is the pass rate for HKSI Paper 12?
- 77.07% on average across Jul 2025–Jun 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.
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.
