HKSI Paper 4 pass rate

Regulation of Credit Rating Services

Average
75%
Difficulty rank
15/17
Best month
100%
Jan 2026
Worst month
50%
Sep 2025

Across Sep 2025–Jun 2026 (5 sitting months), HKSI Paper 4 averaged 75% — 15th hardest of 17 papers. The month-to-month spread is 50 percentage points.

Month-by-month pass rate

Sep 2025
50%
Jan 2026
100%
Feb 2026
100%
Mar 2026
100%
Jun 2026
100%

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 4?
75% on average across Sep 2025–Jun 2026, based on HKSI's own monthly figures. The best month was Jan 2026 at 100%; the worst Sep 2025 at 50%.
Is HKSI Paper 4 hard?
Relative to the other papers it is 15th 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

← All papers ranked by difficulty

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.

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