Chinese domain sales report.
There is trouble ahead for the Chinese economy, and that’s what the PMI financial numbers show.
According to the National Bureau of Statistics of China, the Chinese industrial sector Purchasing Managers’ Index (PMI), measuring factory orders, has slid to a five month low, falling below the 50 mark.
July numbers are the lowest since February!
The PMI index, which measures private sector company variables such as output, new orders, prices and employment, dropped from 49.4 to 49.0 between January and February.
That same drop somehow coincided with the price drop in domain “Chips,” LLLL .com domains popular among the Chinese, that contain no vowels or the letter “V.”
Whether this decline in PMI numbers indicates a new decline in domain prices, remains to be seen. For now, we’re witnessing an increase in sales volume among the Chinese, particularly since the World Domain Conference took place in China.
We keep track of the Chinese domain market and report on the trends and directions it’s taking.
Currently, were tracking domains between 2 to 4 characters in length, and in the .CN, .COM and .NET TLDs.
Here is today’s lists, which involves Sunday:
bv.cn
zzz.cn
rfgq.cn
rfzd.cn
rgls.cn
rkkx.cn
rmtk.cn
rnls.cn
rwyb.cn
trgh.cn
wfgr.cn
yrql.cn
dnrz.com
fhqb.com
hjjf.com
hxyd.com
lmjr.com
qqmb.com
yysz.com
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Not surprised to see the numbers steady dropping. Honestly, I figured they would have dropped faster than this.