China: A vast land of many opportunities.
China has been the focal point of many financial analysts in the past 18 months.
The Asian giant and 2nd biggest economy in the world, has changed by leaps and bounds in the years since the House of Representatives blocked the export of satellite technology to China. Those were the years of Bill Clinton’s tumultuous second tenure as a US President.
The Chinese financial market is seen by hedge fund managers to be able to recover in the next two to three years. Meanwhile, other Asian economies are advancing right now, and the Philippines is once such emerging market.
The Philippine Stock Exchange Index climbed 1.3% to 7,306.74 points at the close in Manila; overseas investors have bought $151.5 million of Philippine shares this month alone.
In the Chinese domain market, we’re witnessing a stagnation in growth that was predicted long ago. The sustainability of a continuous increase in prices of domains treated as “chips” for the past year and a half, is questionable.
Domain industry analyst, Joseph Peterson, voiced his educated, well-researched position on several occasions, and has the data to back it up.
We keep track of the creme de la creme of domains popular in China: short, 2 to 4 characters, and only .CN and .COM TLDs. Sure, there are other TLDs and ccTLDs out there that do sell, but they can be susceptible to hype, or “pump and dump” schemes. We don’t touch those with a 10 ft pole.
Here’s today’s list of short domain names that changed hands in China:
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lfz.cn
qlj.cn
fhj.com
nzb.com
qxc.com
1889.com
kykt.com
mxgy.com
rtyh.com
wgqc.com
ygwj.com
zrsl.com
