Chinese domain market sales : Chips continue to sell but prices have fallen

Only those letters are allowed in China.

Only those letters are allowed in China. Just kidding.

These days, domain names that contain the infamous “Chinese letter” subset of the Latin alphabet, are past their former glory.

A little over six months after achieving a peak price at approximately $2,600 dollars regardless of letter quality, domain “Chips” are failing to auction, for the most part.

If you follow domain auctions such as on Flippa, Sedo or GoDaddy, there are many unsold “Chips” in the $1,200 – $1,400 dollar range.

There are exceptions, of course: when the buyer wants *that* specific domain, as opposed to buying up domain “Chips.”

In other words, these sales are essentially “end user domain sales.”

Regardless, volume of such domains has increased, and the reason could be that Chinese buyers are reselling, witnessing their domain assets depreciate.

We have also seen savvy domain investors, such as Elequa, making a killing by selling “domain Chips” they hand-registered a decade or more ago. That’s the best ROI!

Westerners such as Tim Schoon, have found success at eBay auctions of short domains.

We keep track of short domains being sold among the Chinese: 2 to 4 letters in length, for the .CN, .COM and .NET TLDs.

As always, take a look at BenMi.com for some nice statistical data, in English no less. Who has time to learn Chinese? 😉

Here are today’s domain names:

177.net
bzxg.com
cbqw.com
cbqz.com
cjwt.com
cqfr.com
cxqw.com
drhr.com
frqq.com
fxbk.com
fyyr.com
hlqg.com
hqkq.com
jtrb.com
kqtx.com
krjw.com
lbxw.com
lgfj.com
lnhb.com
lyjm.com
mjxs.com
mlnd.com
mqdr.com
nbhr.com
nqdd.com
nxkn.com
pcys.com
plbj.com
plkw.com
qhrn.com
qlft.com
qmqy.com
qyps.com
rskg.com
shnb.com
slfm.com
sqtk.com
sryr.com
sxsg.com
wlly.com
ysml.com
zrns.com

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