HKSI Paper 8 pass rate
Securities
Across Sep 2025–Aug 2026 (12 sitting months), HKSI Paper 8 averaged 66.01% — ranked 10 of 17 by monthly average pass rate, lowest first. The month-to-month spread is 33.33 percentage points. The most recent half of the window averaged 62.5% versus 69.5% earlier — a decline of 7 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 8 · REVISION DESK
Paper 8: Securities analysis, trading and settlement
Paper 8 connects securities products, analysis and market operations. Identify price, yield or return before calculating; for operational cases, locate the stage of the transaction.
Official eStudy Guide：v3.6 Verify the edition ↗
Which topics candidates actually get wrong
Measured from 4,200 real answers by 87 devices across 1,558 questions in our Paper 8 app. Only the first recorded answer per device and question is counted. This is practice accuracy, not an exam pass rate.
| Topic | Accuracy | Answers |
|---|---|---|
| Securities Analysisweakest | 58.8% | 674 |
| Securities Investment Overview | 62.7% | 671 |
| Types of Securities | 66.5% | 1,431 |
| Securities Market Regulation | 68% | 469 |
| Market Participants | 70.5% | 386 |
| The Stock Exchange of Hong Kong: Capital Raising Market and Trading Market | 71.5% | 569 |
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.
FAQ
- What is the pass rate for HKSI Paper 8?
- 66.01% on average across Sep 2025–Aug 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?
- Its monthly average is ranked 10 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 8?
- From 4,200 real practice answers, the weakest topic is “Securities Analysis” at 58.8% accuracy, and the strongest is “The Stock Exchange of Hong Kong: Capital Raising Market and Trading Market” at 71.5%.
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.
