Chinese domain market report.
Chinese companies take a record 192 days to collect payment for their goods or services, from the moment they pay for the inputs.
Corporations traded in Shanghai and Shenzhen are notoriously slow in this manner; the cash conversion ratio is up from 125 days, five years ago.
Simply put, accounts receivable doesn’t do their job!
What’s the end result?
Liquidity is tightening in China, with corporate profits in decline for the first time in three years. Meanwhile, debtors face their hardest time ever paying interest.
This might explain recent en mass sales of domain “Chips” by Chinese domain investors, such as Wuyu.
It seems that there is stiff competition in the race of dumping large chunks of chips.
On today’s list of short domain names of between 2 to 4 characters in length, for the .CN and .COM TLDs, Wangwenhua makes a cameo appearance, and he’s selling several dozen domain chips:
dqmc.com
fhfn.com
fhtb.com
fmtf.com
fphd.com
fplr.com
frfb.com
frnw.com
gbhr.com
gcnx.com
gplh.com
hlmb.com
hmnt.com
hmrm.com
hprf.com
lclx.com
ldmx.com
lfmt.com
lfwr.com
lgcb.com
lmcx.com
lmgb.com
lrfb.com
lwhl.com
mdhn.com
mgkl.com
mlrm.com
ngmw.com
nwfk.com
pmpb.com
pprf.com
ppxl.com
ptlw.com
ptmf.com
pyqt.com
pyyn.com
rbhr.com
rbrf.com
rfft.com
rflf.com
rfln.com
rflr.com
rfpr.com
rhbd.com
rlhm.com
rmnf.com
rndf.com
rnfm.com
rnfn.com
rnlf.com
rrfm.com
rsxc.com
wzbz.com
wzjg.com
wzqs.com
wzrk.com
That’s 56 chips in total.
The remaining list is not as impressive, but it contains a nice NNN .com, 634.com:
whd.cn
xtp.cn
634.com
wpk.com
mwrq.com
rrqt.com
xwtq.com
With the average domain “Chip” price at less than $1,500 currently, we’re expecting to see a lot more of these portfolio sales in the near future.
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