Where can I register for securities exams in Hong Kong?

If you want to work in the securities industry in Hong Kong, you must pass the Securities and Futures Commission (SFC) Licensing Exam LE. The organization that conducts the Licensing Exam LE in Hong Kong is the Hong Kong Securities and Investment Institute (HKSI).

The Hong Kong Securities and Investment Institute (HKSI) was established in 1997 with the support of the Securities and Futures Commission (SFC) by a group of senior industry professionals. Its mission is to set industry standards through examinations and professional qualifications, enhance the professional competence of securities practitioners through continuous training programs, assist them in achieving their career goals, and work with its member community to promote the development of the industry.

Simply put, if you want to work in the securities industry in Hong Kong, you must first pass the Securities and Futures Commission (SFC) Licensing Exam LE through the Hong Kong Securities and Investment Institute (HKSI).

Is passing the HKSI exam enough?

No! Passing the HKSI exam is only a necessary condition for obtaining the securities and futures practitioner qualification in Hong Kong.

Why is that?

Because HKSI only conducts the exam and does not issue the license!

What license?

It is the qualification for securities and futures practitioners in Hong Kong, which is also known as a license in Hong Kong.

The licensing/qualification for activities such as securities trading, futures contract trading, and providing advice on institutional financing in the Hong Kong securities industry are issued by the Securities and Futures Commission (SFC), which is the regulatory body like the China Securities Regulatory Commission (CSRC) in China.

However, conducting exams is not part of SFC’s responsibilities.

Therefore, in Hong Kong, to take the Securities and Futures Practitioner Qualification Exam, you must register with HKSI instead of SFC.

To obtain the SFC license, it usually requires passing the HKSI exam combination, which means achieving a passing score of at least 70%.

What is a passing score of 70%? It means answering at least 42 out of 60 multiple-choice questions correctly, or answering at least 28 out of 40 multiple-choice questions correctly.

What is the exam combination?

The HKSI Licensing Exam LE currently has 15 different papers, which are divided into Regulatory Paper, Specialist Paper, and Sponsor Paper, etc. Candidates usually need to pass the Regulatory Paper plus the Specialist/Sponsor Paper to engage in regulated activities by SFC.

For example, the most popular exam combination, HKSI LE Papers 1, 7, 8, is required to engage in securities trading, such as buying and selling securities products such as Hong Kong stocks, US stocks, bonds, etc. Paper 1 is “Basic Securities and Futures Regulation,” Paper 7 is “Financial Markets,” and Paper 8 is “Securities.”

If you wish to work in an asset management company and handle products related to funds or discretionary accounts, you would need to take Papers 1, 7, and 12.

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for HKSI LE Papers 1, 2, 3, 5, 6, 7, 8, 9, 12 in Chinese and English; and bibles for HKSI LE Papers 1, 2, 6, 7, 8 in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for HKSI LE Papers 1, 2, 6, 7, 8, 12 and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

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