HKSI Paper 8 pass rate

Securities

Average
66.18%
Difficulty rank
9/17
Best month
88.89%
Nov 2025
Worst month
55.56%
Mar 2026

Across Aug 2025–Jul 2026 (12 sitting months), HKSI Paper 8 averaged 66.18% — 9th hardest of 17 papers. The month-to-month spread is 33.33 percentage points. The most recent half of the window averaged 63.2% versus 69.2% earlier — a decline of 6 points.

Month-by-month pass rate

Aug 2025
64.93%
Sep 2025
67.44%
Oct 2025
63.5%
Nov 2025
88.89%
Dec 2025
64.39%
Jan 2026
65.81%
Feb 2026
67.01%
Mar 2026
55.56%
Apr 2026
68.5%
May 2026
60.45%
Jun 2026
62.2%
Jul 2026
65.45%

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 4,200 real answers by 87 devices across 1,558 questions in our Paper 8 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.

TopicAccuracyAnswers
證券分析weakest
58.8%
674
證券投資概覽
62.7%
671
證券類別
66.5%
1,431
證券市場管理
68%
469
市場參與者
70.5%
386
香港聯合交易所:集資市場及交易市場
71.5%
569
How to read this: official pass rate for this paper is 66.18%, while practice accuracy is 65.9%. Practice allows repeat attempts and shows explanations, so it always reads higher. The useful signal is the ordering of topics, not the absolute number.

Continue in the dedicated Paper 8 app

These notes are distilled from the 10分鐘HKSI8 app. Continue with bilingual questions, reasoned explanations, topic practice and error review.

Read the full Paper 8 study notes →

FAQ

What is the pass rate for HKSI Paper 8?
66.18% on average across Aug 2025–Jul 2026, based on HKSI's own monthly figures. The best month was Nov 2025 at 88.89%; the worst Mar 2026 at 55.56%.
Is HKSI Paper 8 hard?
Relative to the other papers it is 9th hardest of 17 papers. Month-to-month it swings 33.33 percentage points (55.56%–88.89%), so the sitting you pick matters less than preparation.
Which topics do candidates get wrong most in Paper 8?
From 4,200 real practice answers, the weakest topic is “證券分析” at 58.8% accuracy, and the strongest is “香港聯合交易所:集資市場及交易市場” at 71.5%.

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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