Chinese domain market report : Can’t blog about celebrities in China!

The Chinese Internet consumers are like everywhere else; they love reading juicy news about celebrities.

In yet another act of censorship, China’s government will be closing down social media accounts that share gossip about celebrities, asking Internet providers for a “crackdown.”

The Beijing Cyberspace Administration states that “web sites need to adopt effective measures to keep in check the problems of the embellishment of private sex scandals of celebrities, the hyping of ostentatious celebrity spending and entertainment, and catering to the poor taste of the public.”

WTF, China!

Meanwhile, the Chinese domain market retains a strong volume of sales, at a price:

Chips, four letter .com domains that contain no vowels or the letter “V” have dropped below the psychological barrier of $1,000 dollars.

Yesterday, 11 such domains traded at prices ranging from 6,100-6,700 Yuan, but have since rebounded to 6,900 which is $1,015 dollars.

Other such recent sales on NameJet and DropCatch display the same, sub-$1000 dollar pattern: $994 NameJet $993 NameJet $993 NameJet $992 NameJet $984 NameJet $988 Dropcatch

We keep track of short domains, between 1 to 4 characters in length, in the .CN, .COM and .NET TLDs, that change hands in China.

Today’s list spans June 5th – June 9th, 2017, and it contains 364 domains.

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One Response to “Chinese domain market report : Can’t blog about celebrities in China!”
  1. Don W. says:

    If the Chinese were smart, they would have come up with an easy way to use chips to buy/sell goods and services. Maybe a central registry, and an app with instant transfers. They could have even divided the names into fractional ownership for small purchases.

    There does seem to be a ton of support at $1000 though.

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