Chinese domain sales report.
China‘s economy is driven by massive construction of property, but that’s accompanied by a 40% surge in household debt.
Property values have soared in China, the world’s 2nd economy, after extensive mortgage lending has led to a large increase in credit debt.
Many of these loans might default in the next 36 months, potentially sending China’s economy to a deep recession that will most likely affect neighborhood and global economies.
China’s total debt, including housing, financial and government sectors hit $25 trillion at the end of 2015 – about 249% of national GDP!
Chinese domain market sales continue to be flat, in a year that is a ghost of 2015.
Values of short domains stand at 40% – 60% of last year, and “domain chips” have lost a lot of their allure.
Still, domain investors with capital continue to invest in LL .com domains that fall in the “no vowels, no V” category, also known as “Chinese premium letters.”
We’ve been keeping track of the Chinese domain market of short domains for more than a year now, tagging important events from China’s economy along the way.
It seems that the two letter .com domain LP.com changed hands recently (November 26th) and the new registrant’s email is “chinafocus8@163.com” according to data from DomainTools.
The white noise from domain cheerleaders openly advising everyone to keep putting money in the untested Chinese domain market has subsided; those investments continue to shrink after they were proven to be failures.
Here is today’s list of domains between 2 to 4 characters, in the .CN, .COM and .NET TLDs that changed hands in China. We cover November 23rd to November 27th.
lp.com
bqc.cn
tns.cn
bdcz.cn
bdmq.cn
cbys.cn
chsz.cn
cjkh.cn
cjsq.cn
cksw.cn
cmwy.cn
czkp.cn
dhfy.cn
dxqy.cn
fyzm.cn
gmcg.cn
gqzf.cn
gybr.cn
hlkk.cn
jhpb.cn
jtch.cn
kdlm.cn
kmyz.cn
lgyg.cn
llgx.cn
mwxd.cn
nctt.cn
nlxp.cn
pdgl.cn
qqbz.cn
rcxl.cn
rjgl.cn
scxq.cn
sncd.cn
tzcl.cn
wcxy.cn
whn.com
wtgg.cn
wygp.cn
xpss.cn
yjbr.cn
yjdr.cn
yjgg.cn
ykbm.cn
yshq.cn
yzrg.cn
yztb.cn
zrpl.cn
2771.com
7739.com
9455.com
9755.com
9910.com
biye.com
cbkq.com
cjwd.com
cmdr.com
cynp.com
cyrz.com
dpgd.com
dqyx.com
fcxh.com
ffmp.com
fjsp.com
fkdp.com
fkqz.com
fltw.com
fxxw.com
gmwr.com
gnjs.com
hdpx.com
hmwb.com
hnth.com
hxdj.com
hxfb.com
hxhs.com
hxkm.com
hxkw.com
hxlg.com
hxmc.com
hxmx.com
hxnq.com
hzxb.com
jbhh.com
jkrp.com
jnmn.com
kmkq.com
kngb.com
mcbb.com
mdmm.com
mmkq.com
mwrx.com
pnkn.com
pqyn.com
pyzz.com
qgnm.com
qgth.com
rzss.com
tfnw.com
wwcm.com
xmgq.com
ycmb.com
yhgr.com
ylwn.com
ymtd.com
ypxy.com
yxxb.com
yxyw.com
yzdg.com
zmcq.com
zzbn.com
zzfb.com
Media Options sold the domain bmrt.com to a Chinese buyer; the company has been rebranding to Internet Real Estate Ltd.
http://www.vanityfair.com/news/2015/01/china-worlds-largest-economy
China is the world’s number one economy now…
Bob – It is not. Vanity Fair isn’t exactly the authority in financial matters. See https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)