Chinese domain sales report.
China operates a gargantuan market, and the world’s 2nd economy is growing in leaps and bounds.
Still, the lack of solid, effective regulations can both create and destroy fortunes; in the summer of 2015, trillions of dollars were lost in the stock market crash.
The Securities and Exchange Commission (SEC) has set its cross-hairs onto the Alibaba Group, the Chinese online merchant giant founded by Chinese billionaire entrepreneur, Jack Ma.
Business Insider reports that SEC is initiating an investigation into whether there have been any violations of the federal securities laws by the Alibaba Group.
Chinese domain market sales continue to fluctuate, and we are happy to report a slight but definite increase in volume. As summer approaches, many domain investors in China are eager to both buy and sell domain names.
We keep track of sales for short domain names, between 2 to 4 characters in length, for the .CN, .COM and .NET TLDs.
Here is today’s list:
cjp.cn
281.net
722.com
920.com
rxl.com
6719.com
bygn.com
ffkd.com
ftfy.com
husu.com
kdxt.com
lzxc.com
mfkd.com
nmxg.com
ppbx.com
ptyt.com
qkhl.com
rzhq.com
spmp.com
sswf.com
tmzg.com
“trillions of dollars were lost”
Can something be lost that never really existed to begin with? 🙂
By that I mean the bulk of the market is derivatives based, the ‘dollars’ (or yuan, etc) are credit extending infinitely …. and simply contracted back into that from whence they came …
Mike – 😀 The stock valuation plummeted. Based on how much stock was bought at X and sold at Y, the loss was in the trillions of dollars.
Oh, I didn’t realize it was stocks. 🙂 How many trillions did you say? The GDP of China was about 10 trillion in 2014 😉
About $5 trillion according to http://www.barrons.com/articles/how-chinas-meltdown-spooked-global-markets-1450853995