China: A vast land of many opportunities.
A old Chinese proverb says, “what goes up, must come down.” Or something like that. We’ve seen it on several fortune cookies, so it must be true.
China’s economy skyrocketed throughout 2014 and 2015, only to head onto a wall in the summer last year.
There are fears that the same pattern is expected this year, and the doldrums of summer are already slowing down this year’s Fiery Monkey.
Domain sales in China have increased in volume as of late, and that’s a reflection of a market that depends on profit, no matter how small it might be.
With the Chinese treating “Chips” as a virtual currency or as a vessel to transport funds, the domain market’s conditions dictate a sell-off currently. Domain investors primarily from the West, declared their intention to hold onto their LLLL .com domains; 60% of the vote will do so.
We monitor transactions of short (2 to 4 characters) .CN and .COM domains among the Chinese.
Here is today’s list of domains:
prj.cn
jyb.com
tie.com
xcw.com
xtw.com
1072.com
2957.com
6972.com
7621.com
8698.com
cfyt.com
czqh.com
dhdk.com
dxtf.com
grdh.com
hrzl.com
htql.com
hyqx.com
jcsk.com
jhfx.com
jkby.com
lhmw.com
lqbk.com
qbbq.com
rjnn.com
sgyc.com
tgpz.com
wzmj.com
wzpd.com
xsbq.com
The list’s biggie appears to be Tie.com, a domain that previously sold for $125,000 dollars at Heritage Auctions last year, according to Namebio.
