Exam overview

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• HKSI Paper 1 Master Guide 2026HKSI Licensing Examination Paper 1 tests fundamentals of securities and futures regulation in Hong Kong. The 2026 paper uses 60 multiple-choice questi…
• What Is HKSI Paper 1? Format, Fee and PurposeHKSI Paper 1 is the Hong Kong licensing exam on securities and futures regulation. Sixty multiple-choice questions, 90 minutes, 70% to pass, which is …
• HKSI Paper 1 Exam Format: 60 Questions, 90 MinutesPaper 1 is 60 multiple-choice questions in 90 minutes, taken on a computer, closed book, in English or Traditional Chinese. The pass mark is 70%, whic…
• HKSI Paper 1 Exam Fee: HKD 1,800 ExplainedThe HKSI Paper 1 examination fee is HKD 1,800 for one sitting. It buys the exam itself and nothing else - no study manual, no tuition, no free resit. …
• How to Register for HKSI Paper 1You enrol for Paper 1 directly with the HKSI Institute through its online enrolment system, choose a monthly sitting and a language, and pay HKD 1,800…
• HKSI Paper 1 Exam Day: What to ExpectYou arrive at an HKSI Institute examination centre in Hong Kong, present the identity document you enrolled with, store your belongings, and sit 60 mu…
• HKSI Paper 1 Results: When and How You Get ThemYour Paper 1 result is issued by the HKSI Institute against a 70% pass mark, meaning 42 correct of 60. HKSI publishes the current release timing and m…
• HKSI Paper 1 Retake: Rules, Cost and Resit StrategyA Paper 1 retake is a fresh enrolment at the full HKD 1,800 fee, sat at a later monthly sitting against the same 70% standard of 42 of 60. HKSI publis…
• HKSI Paper 1: English or Chinese? How to ChoosePaper 1 is offered in English and Traditional Chinese, and you choose at enrolment. Pick the language you read dense regulatory text in fastest, not t…
• Is HKSI Paper 1 Open Book?No. HKSI Paper 1 is closed book. You cannot bring the Securities and Futures Ordinance, the SFC codes, the study manual or your own notes into the exa…