Malo Clinic China chain completes round of capital raising

16 March 2021

Malo Clinic China, a chain of dental clinics part-owned by enterprising Portuguese dentist Paulo Maló, says it has finished a round of money raising conducted by China Capital Investment Group Co. Ltd (CCIG) and Huaxi Securities Co. Ltd.

CCIG believes technology gives the chain an advantage in a market with huge room for development, Malo Clinic China announced in writing last Friday.

Huaxi Securities regards Malo Clinic China as one of the fastest-growing high-end chains of dental clinics, and thinks it can become a market leader in mainland China.

Dr Maló and Chinese businessman Shao Zongzong founded the business in 2013, starting with a clinic in Beijing and expanding to give the chain 26 clinics in 13 mainland Chinese cities, according to the Malo Clinic China announcement.

(Source) Permanent Secretariat to the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao):