Chinese domain sales market : The $6 billion dollar ‘Anbang’ deal

Today we’re taking a break from China’s stock market analysis.

There’s a game of “monopoly” being played by China’s wealthy investor funds, and Anbang Insurance Group Co. of China just bought some prime US hotel property.

Anbang spent more than $6 billion dollars to get such gems as the Four Seasons resorts in Scottsdale, Arizona, and Jackson Hole, Wyoming; Ritz-Carltons in Half Moon Bay and Laguna Niguel, California; San Diego’s Hotel del Coronado; and Manhattan’s JW Marriott Essex House.

And no, they don’t even own Anbang.com as a Chinese hopeful is selling it through a QQ contact email. 😀

Elsewhere in the domain community, the Hong Kong fund that started the LLLL .com “chip” game is continuing to reap profits.

Those who joined after the hyping of “junk” QJXZ letters delivered a followship, made either marginal profits or held their assets waiting for a higher price peak.

So who made money? Those that cloned the game over to lesser TLDs and gTLDs. Good for them, bad for the bag holders a year or so from now.

We keep track of domain asset sales in China, of between 2 to 4 characters and in the .CN and .COM TLDs.

Here is today’s list:

jbf.cn
kfh.cn
wqg.cn
zjn.cn
0212.com
6925.com
jjkp.com
jzbj.com
wztb.com
wzxm.com

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