HKSI LE Paper 2 case studies
HKSI LE Paper 2 · Put your knowledge to work in context.
This page is an independent study resource for candidates preparing for the HKSI Licensing Examination Paper 2 (Hong Kong). It is not affiliated with, endorsed by, or operated by any examination body or regulator, and it does not reproduce any official question bank; all practice material here is written originally for study purposes. Paper 2 is the paper candidates in the securities and futures industry typically sit when their role involves corporate finance, advisory work, or asset management rather than pure dealing. The syllabus is organised into four study domains: regulation and licensing of securities and futures activities; corporate finance and advisory services; asset management and investment products; and market conduct, ethics and compliance. The HKSI LE Paper 2 case studies are 5 cases and about 3,100 words.
1The Referral Fee That Looked Like Marketing
You are the compliance head of Kingsway Capital Limited (KCL), a Type 1 and Type 4 licensed corporation. Harbour Nominees Limited is an unlicensed corporate services firm.
539 words, about 3 min2The Sponsor With a 9.8% Stake
You are the head of compliance at Silverline Capital Limited, a Type 6 licensed sponsor. Silverline is the sole sponsor of the Main Board IPO of MedTech Group, a PRC medical device company.
541 words, about 3 min3The Founder, the Brother-in-Law and the 30% Line
Grandview Holdings Ltd is a Hong Kong-listed company. Its founder, Mr Lau, holds 28.4%.
692 words, about 3 min4The Hot IPO and the House Fund
You are the responsible officer of Pinecrest Asset Management, a Type 9 licensed corporation. Pinecrest manages Fund A (institutional, 1.5% fee), Fund B (retail, 1.0% fee) and Fund C (Pinecrest's own seed capital, no fee).
675 words, about 3 min5The Retired Teacher and the Airbag Note
You are the compliance officer of Harbourview Securities, a Type 1 licensed broker. A private banking relationship manager, Ms Cheung, meets Mr Wong, a 72-year-old retired teacher.
653 words, about 3 min