HKSI Paper 18 pass rate
Regulation of Providing Depositary Services
Average
68.33%
Difficulty rank
12/17
Best month
100%
Nov 2024
Worst month
50%
Oct 2024
Across Oct 2024–Jun 2026 (9 sitting months), HKSI Paper 18 averaged 68.33% — 12th hardest of 17 papers. The month-to-month spread is 50 percentage points. The most recent half of the window averaged 58.3% versus 87.5% earlier — a decline of 29.2 points.
Month-by-month pass rate
Oct 2024
50%
▼
Nov 2024
100%
▲
Jul 2025
100%
Sep 2025
100%
Jan 2026
100%
Mar 2026
66.67%
Apr 2026
66.67%
May 2026
50%
Jun 2026
50%
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 18?
- 68.33% on average across Oct 2024–Jun 2026, based on HKSI's own monthly figures. The best month was Nov 2024 at 100%; the worst Oct 2024 at 50%.
- Is HKSI Paper 18 hard?
- Relative to the other papers it is 12th hardest of 17 papers. Month-to-month it swings 50 percentage points (50%–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.
