U.S. fintech firm iCapital has significantly expanded its office presence in Hong Kong, doubling its leased space in the Central business district. This expansion is driven by increasing demand for wealth management services in the Asian market.

Fintech company iCapital has more than doubled its office footprint in Hong Kong, leasing a 9,000 sq ft space in One International Finance Centre in the city’s Central business district as it staffs up to capture rising demand for wealth-management services in Asia. The US company, which opened its office in Hong Kong five years ago, is preparing for its next stage of growth, said Tuan Lam, head of Asia-Pacific at iCapital. The firm’s previous office was in the St George’s Building on Ice House....