Licensing Examination for Securities and Futures Intermediaries

Pass Rate for the LE in Hong Kong

Paper 5

Regulation of Corporate Finance

Aug 2025
52.94%
Sep 2025
47.37%
Oct 2025
78.57%
Nov 2025
66.67%
Dec 2025
60.87%
Jan 2026
47.06%
Feb 2026
68.18%
Mar 2026
61.54%
Apr 2026
40.54%
May 2026
54.17%
Jun 2026
45.16%
Jul 2026
50.00%
Average Pass Rate
56.09%

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.

Qualification