Domain sales in China are inching up; the year of the Rooster has started on a solid, spur-loaded foot, apparently. Then again, last year’s first quarter wasn’t too disappointing either, but come May, things became very muddy for the Chinese domain market. In recent weeks, we witnessed a lot of Chinese “Chips” changing hands; thousands […]Copyright © 2017 DomainGang.com · All Rights Reserved.
A Chinese man had to return 1.2 billion yuan to the bank that wired him the money. The incident involved a sum of almost $175 million dollars, that reached his account by mistake, making him an instant billionaire. According to China Daily, a new bank employee mistook the man’s 10-digit account number for a transfer […]Copyright © 2017 DomainGang.com · All Rights Reserved.
Chinese domain market : Fingerprinting foreigners, while hundreds of “Chips” are changing hands in China
China is rolling out a new security measure that affects travelers to the largest nation in the world. According to Chinese government sources, foreigners entering the country from Friday, will be finger-printed, as announced by the Ministry of Public Security. All foreigners, aged 14-70, are required to submit their fingerprints when entering China, and the […]Copyright © 2017 DomainGang.com · All Rights Reserved.
When boarding a plane, be careful what you say. A small group of domain investors got booted off a Delta flight on New Year’s Eve, after their conversation raised the suspicion of an Illinois grandma. Flight 2275 from Chicago, Illinois to Las Vegas, Nevada was delayed, in order to investigate the incident. According to the […]Copyright © 2017 DomainGang.com · All Rights Reserved.
China entered 2017 among the first nations in the world, and its domain investing community is sending a collective “Cao Ni Ma” to 2016. The year that sent prices of “Chinese premiums” tumbling like dog-pooped noodles, is over. Welcome to a new year worldwide, although China’s officially changing on January 28th to the Year of […]Copyright © 2017 DomainGang.com · All Rights Reserved.
This is the final Chinese domain market report for 2016, a year that saw “Chinese premiums” plummet in value and sales volume. A year ago, prices were more than twice as high, often surpassing $2,500 for random, “junk” QJZX letters in the .com TLD. As prices peaked, so did the white noise about lesser extensions, […]Copyright © 2017 DomainGang.com · All Rights Reserved.
For over 20 years, the Domain King®, Rick Schwartz, has been successful in acquiring premium domains at low prices – at reg fee, even – and then selling them for hundreds of thousands of dollars, or millions. Rick’s domain portfolio is intriguing; in the past, we shared some findings, regarding numeric domains in his possession. […]Copyright © 2017 DomainGang.com · All Rights Reserved.
Guang Hsü Xiang is a blind Chinese domain veteran from the Guangxi province of China; the 61 year old domainer did not let his visual deficiency stop him from investing. “Legal blind for 12 year, now invest learn fast report on LLLL and chips, by power of finger” says Guang Hsü Xiang, using an automated […]Copyright © 2017 DomainGang.com · All Rights Reserved.
In recent weeks, acknowledgements of the Chinese domain market’s dismal performance this year, have started to appear. Domain forums are abuzz with the shockingly low numbers one can get from selling “Chinese premiums,” as compared to 2015. Punch-drunk from last year’s stellar performance, those who insisted it wasn’t a bubble, carried on the game of […]Copyright © 2017 DomainGang.com · All Rights Reserved.
The Year of the Money entered its final quarter, and what could have been another stellar year for Chinese domain sales, wasn’t. It started with lots of fireworks and very few paid attention to our cautionary statements. That’s understandable, everyone wants to make money, tons of it, with no effort. That’s the defining line that […]Copyright © 2017 DomainGang.com · All Rights Reserved.
The Chinese domain market has entered the fourth and final quarter of the Year of the Monkey, and things are not looking good. Domain prices are down, sales volume is way down. This year has been a shadow of 2015, when the game of LLLL .com “Chips” reached its highest peak. Just like the stock […]Copyright © 2017 DomainGang.com · All Rights Reserved.