Reports indicate that American quantitative trading powerhouse Susquehanna International Group (SIG) is planning to triple the size of its Hong Kong office space, a move designed to accommodate an ambitious recruitment campaign while deepening its footprint in Asian markets and expanding participation in China's exchange-traded fund (ETF) sector.

According to sources, SIG currently occupies less than 20,000 square feet at AIA Central in the city's prime business district. Over the past few weeks, the Philadelphia-headquartered firm has been actively scouting for alternative premises, with one potential option involving the lease of three floors at CK Asset Holdings' (01113) Cheung Kong Center II in Central, totaling more than 50,000 square feet. However, the relocation plan has yet to be finalized.

The proposed office expansion aligns with SIG's broader strategy to bolster its Asian operations, particularly as the firm seeks to capitalize on the growing demand for ETF products linked to the Chinese market. Market watchers view the potential move as a signal of the company's long-term commitment to the region despite broader global market uncertainties.