HKSI Paper 2 pass rate
Regulation of Securities
Across Sep 2025–Aug 2026 (12 sitting months), HKSI Paper 2 averaged 66.69% — ranked 12 of 17 by monthly average pass rate, lowest first. The month-to-month spread is 15.8 percentage points. The most recent half of the window averaged 62.9% versus 70.5% earlier — a decline of 7.5 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 2026-10-02．HKSI publishes a rolling 12-month window only; months outside it are no longer shown officially.
Monthly averages are not weighted by candidate counts. The order compares published pass rates across different candidate groups and papers; it does not measure personal pass probability.
HKSI PAPER 2 · REVISION DESK
Paper 2: Regulatory responsibility in securities business
Paper 2 puts securities business inside its regulatory framework. One client transaction may raise licensing, financial-resources, client-assets and conduct questions; a single rule rarely answers all of them.
Official eStudy Guide：v2.8.1 / 2.9 — v2.8.1 through 25 October 2026; v2.9 from 26 October 2026. Verify the edition ↗
Which topics candidates actually get wrong
Measured from 77 real answers by 12 devices across 75 questions in our Paper 2 app. Only the first recorded answer per device and question is counted. This is practice accuracy, not an exam pass rate.
Sample note: this paper has 77 answers from 12 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 2?
- 66.69% on average across Sep 2025–Aug 2026, based on HKSI's own monthly figures. The best month was Nov 2025 at 75%; the worst May 2026 at 59.2%.
- Is HKSI Paper 2 hard?
- Its monthly average is ranked 12 of 17 by monthly average pass rate, lowest first. Different candidate groups sit each paper and month, so the ranking does not isolate exam difficulty or show that a particular month will be easier. Use your own practice mistakes to plan revision.
- Which topics do candidates get wrong most in Paper 2?
- From 77 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.
