Pass your HKSI papers the first time.
Chinese-first mock exams, practice questions and flashcards for HKSI Papers 1, 7, 8, 9 and 12. Your Readiness Score tells you when you're ready to book.

The real dashboard, shown with sample student data.
Learn the rule behind every answer
HKSI papers test whether you can apply the Securities and Futures Ordinance, the SFC Code of Conduct and market practice to real situations. Every explanation names the rule or concept behind the answer, in Chinese with the official English terms.
- Original questions written to each paper's published syllabus
- Trap answers called out, like Type 1 vs Type 4 or the 2-day vs 10-day deadlines
- Practice by topic or mixed, with instant feedback

See your weak spots before the exam does
Your Readiness Score day by day, accuracy by topic with the weakest first, and every timed mock against the 70% pass line. One click on a topic starts a drill on it.
- Topic accuracy updates after every question
- Mock scores plotted against the 70% pass mark
- The Today list sends you to your weakest topic first

Remember it on exam day, not just tonight
Spaced repetition brings each card back right before you'd forget it. Cards you miss return in 10 minutes. Cards you know wait days or weeks.
- Deadlines, thresholds and definitions that get tested
- 15 new cards a day, so reviews never pile up
- Mastery feeds straight into your Readiness Score

Turn every missed question into a point
Every question you get wrong is saved with its explanation. It only clears after you get it right twice in a row, so lucky guesses don't count.
- Re-test all your mistakes in one click
- See the right answer and the rule behind it
- Shows how many you've cleared, to keep you going

Walk in having done it before
Timed mocks with no feedback until you submit, the way the real exam works. Paper 1 is 60 questions in 90 minutes; Papers 8, 9 and 12 are 40 questions in 60 minutes.
- Real pacing: 90 seconds a question
- Quick 25-question mocks for a lunch break
- Two full simulations count toward the Pass Guarantee

Which HKSI papers do you need?
The papers depend on the SFC regulated activity you'll carry on. Pick your role and we'll show the usual papers.
Don't take our word for it. Check it.
Every claim below is something you can verify yourself in a few minutes.
Every paper. One plan per paper.
Try any exam free first. Upgrade when you're ready.
Premium Monthly
- One paper of your choice: Paper 1, 7, 8, 9 or 12
- 3,000 practice questions + 6 full mock exams per exam
- 800 flashcards + 60 key notes per exam, by topic, plus mind maps
- Spaced repetition + mistakes bank
- Readiness Score & detailed reports
- Video lessons as they release
- Content updates during your access
- 5 bonuses: key numbers sheet, formula sheet, study planner and more
- Pass Guarantee: complete the prep, pass or 100% back
Renews monthly until you cancel. Cancel in two clicks from your account; you keep access until the end of the month you've paid for. No minimum term.
Premium Yearly
- One paper of your choice: Paper 1, 7, 8, 9 or 12
- 3,000 practice questions + 6 full mock exams per exam
- 800 flashcards + 60 key notes per exam, by topic, plus mind maps
- Spaced repetition + mistakes bank
- Readiness Score & detailed reports
- Video lessons as they release
- Content updates during your access
- 5 bonuses: key numbers sheet, formula sheet, study planner and more
- Pass Guarantee: complete the prep, pass or 100% back
Renews once a year until you cancel. We email you before each renewal. Cancel any time from your account; you keep access until the end of the year you've paid for.
Included free with every plan
HKSI Key Numbers Sheet
The deadlines, thresholds and limits the HKSI papers test most, on one printable page.
Free with an accountHKSI Formula Sheet
Every calculation Papers 7, 8, 9 and 12 test: returns, ratios, TERP, futures P&L and performance measures.
Exam-Day Checklist
What to check before your HKSI paper, and how to pace it.
2- and 4-Week Study Planner
A plan for each paper that fits around a full-time job.
New Representative Career Guide
From HKSI passes to your SFC licence: papers by licence type, applications and CPT.

Pass, or get 100% of your money back.
We're confident in the system, so we put our money on it. Do the work, and if you still don't pass, you don't pay.
- Answer every question in that exam's question bank (100% covered)
- Read every study-notes topic for that exam
- Complete at least 2 full timed simulations, with your latest one at or above the exam's pass mark
- Reach a Readiness Score of 80 or higher (shown on your dashboard)
- Sit the official exam while your access is active, and within 60 days of meeting the requirements above
- Email your official result notice within 30 days of your exam date
Questions before you buy
Can I try it before I pay?
Yes. Open the study dashboard free with no signup, or take any exam's free practice test. You only pay when you want the full question bank, timed simulations and every study tool.
Is the content in Chinese?
Yes. HKSIMock is Chinese-first: the site and dashboard open in Traditional Chinese, every paper has a Chinese free practice test, and Premium questions, notes and flashcards are written in Traditional Chinese with the official English terms in brackets. You can switch the interface to English at any time.
What if I buy it and it's not for me?
Because you get the full question bank and study materials the moment you pay, all sales are final. Try the free test and the free dashboard first so you know it suits you. The one exception is the Pass Guarantee: complete the full prep, and if you still fail, we refund 100%.
What if I study and still fail?
That's what the Pass Guarantee is for. Answer every question in the bank, read every study topic, pass 2 timed simulations and reach a Readiness Score of 80, then sit your exam within 60 days. If you don't pass, send your result notice within 30 days and we refund 100%.
Is it a subscription?
Yes. Premium is HK$1,147 a month per exam (about HK$37.71 a day) and renews monthly until you cancel. You can cancel in two clicks from your account, and there's no minimum term. Most people study for 1 to 3 months. If you want a whole year for one exam, the yearly plan is HK$10,323 for 12 months (3 months free) and renews once a year until you cancel.
How long do I keep access?
For as long as your Premium subscription is active. Cancel any time from your account and you keep access until the end of the month you've paid for.
Are these real exam questions?
No one can legally sell the actual exam questions. Ours are original questions written to each paper's published syllabus, format and difficulty, with an explanation for every answer and the rule or concept behind it, so you can check our work.
Is the content up to date?
We check every exam page against the HKSI Institute's current published information and show the date it was last checked. When a syllabus version changes, we update the questions for that paper.
Every paper we cover
Each exam has a free practice test and a study guide. Premium adds 3,000 practice questions, 6 full mock exams, 800 flashcards and 60 comprehensive key notes per exam, organized topic by topic.
HKSI LE Paper 1: Fundamentals of Securities and Futures Regulation
The regulation paper almost every SFC licensed representative must pass.
HKSI LE Paper 7: Financial Markets
The markets paper taken with Paper 1 by most representatives.
HKSI LE Paper 8: Securities
The paper for Type 1 (dealing in securities), Type 4 (advising on securities) and Type 8 representatives.
HKSI LE Paper 9: Derivatives
The paper for Type 2 (dealing in futures contracts) and Type 5 (advising on futures contracts) representatives.
HKSI LE Paper 12: Asset Management
The paper for Type 9 (asset management) representatives.
Guides to the HKSI Licensing Examination
HKSI Paper 1 guide (2026)
Paper 1, Fundamentals of Securities and Futures Regulation, is the regulation paper nearly every representative must pass.
Which HKSI papers do you need?
To become an SFC licensed representative (or a relevant individual at a bank), you usually pass three HKSI Licensing Examination papers: Paper 1 on regulation, Paper 7 on financial markets, and one paper for your regulated activity.
Your SFC licence is three papers away.
Open the dashboard, pick your exam and answer your first question in under a minute. Free, no signup.
Start studying freeReady to go all in? See pricing · HK$1,147/month per exam, about HK$37.71 a day · Pass Guarantee