Chinese domain market : Massive ‘Chip’ sellout continues

Chinese domain sales report.

Chinese domain sales report.

Another day, another yuan in China, and the world’s 2nd economy continues to provide lots of opportunities to entrepreneurs.

The Year of the Monkey is now into its second financial quarter, approaching the anniversary of a massive stock market crash in China.

Last year’s second half was absolutely brutal for Chinese investors, who sought a safer haven to invest in: domain names.

A game of “Chips” ensued, and the savvy Western investors moved in decisively; many cashed their chips at the end of the year, but 60% of poll-takers say they are still holding onto them.

Good luck with that!

Speaking of luck, none beats that of the Irish, and a certain “O’Brien” continues to sell his domain chips. The following 16 domains were sold by this lucky gentleman:

We keep track of domain transactions in China, between 2 and 4 characters in length, in the .CN and .COM TLDs. That’s where the money is, even when the chips are falling hard on the floor.

Today’s list is of a hefty size, thanks to O’Brien’s portfolio sale, plus the following:

An assortment of three letter .COM and NNNN numerical domains complete the weekend’s sale list.

Can’t wait to see what next week’s Chinese domain market sales will bring along.


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