Hong Kong is a former British colony, and since 1997 it’s part of China, with a special status as a financial center of Asia.
Domain investor and broker, James Booth, is currently visiting Hong Kong, and had a few not so positive words to say about its high pollution and outlandish pricing.
Having lived and worked in Singapore for four years, James referred to Hong Kong as a “dirty version of Singapore”.
When faced with a restaurant bill of $120 dollars, James shook his head in disbelief:
“4 beers, Salmon and a pie for $120 USD! Bargain! $20 USD a beer, yes please.”
Let’s not forget that Hong Kong is the city where the gaming of LLLL .com domains began, almost 2 years ago, by a group of fund managers.
Meanwhile, the volume of Chinese domain market sales has dropped substantially. We report on transactions of 2 to 4 characters in length, for the .CN, .COM and .NET TLDs.
When there are not enough domains to report on, we roll the data onto the following day, so today’s domain list consists of 2 days’ worth of transactions:
194.net
bkgp.cn
cpnr.cn
cxj.com
czr.com
ebj.com
fjz.com
hdd.com
jxn.com
knj.com
mtq.com
nbo.com
plgb.cn
qmj.com
rpr.com
ryb.com
shr.com
wcnr.cn
wcsl.cn
wjmk.cn
xjxn.cn
xnk.com
xzk.com
ykf.com
fzxs.com
htmt.com
hxcq.com
hxpy.com
jjkz.com
jjln.com
kbpq.com
kbrf.com
kcwr.com
kght.com
lgqz.com
lzpf.com
nwjg.com
pgjg.com
pgkc.com
ptyp.com
pypb.com
pyqj.com
xdfb.com
xkwk.com
ysfk.com
zbgm.com
zcjs.com
Two more interesting transactions caught our attention:
simiao.com
qianwan.com
Sun Simiao is a famous traditional Chinese medicine doctor – China’s Hippocrates, apparently.
Qianwan is a port in China; it therefore qualifies as yet another Chinese geo-domain sale, a common genre of interest to Chinese investors recently.
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$120 is a lot to pay for food and service, but charging insane thousands for average domains is not. This is what happens when self centered domainers think only their universe has value.
John – Unless the beer in question is sheep piss, I’d say it’s some respectable brand. The same with the domains that are being sold for thousands of dollars. Maybe you can name those “average domains” that form the basis of your analogy?