Licensing Examination for Securities and Futures Intermediaries
Pass Rate for the LE in Hong Kong
Paper 4
Regulation of Credit Rating Services
Sep 2025
50.00%
Dec 2025
.00%
Jan 2026
100.00%
Feb 2026
100.00%
Mar 2026
100.00%
Jun 2026
100.00%
Average Pass Rate
75.00%
For papers with more than one examination sessions held in a month, the pass rates shown above are the average pass rates of those examination sessions held within the month.
* The LE does not comprise Paper 13 and Paper 14.
