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Chinese domain market sales : Stocks gain but Chips drop

ZFBot
China: A vast land of many opportunities.

China: A vast land of many opportunities.

Finally, a day of gains for the Chinese stock market, that has been sitting in depressing lows for too long.

In China, the Shanghai Composite rose 1.4% to 3,066, the Hang Seng Index climbed 3.2% to 21,158 and the China H-Shares shot up 4% to 9,191.

Nice.

That’s nice and dandy if you’re a Chinese investor, and millions play the stock market in China daily. That’s how several trillion dollars was lost last year as well.

Meanwhile, the average price of “Chip” domains has been in the mid $1,500 – if that.

Will it climb back up?

That, depends on the performance of the Chinese stock market, and they might be inversely related: the stocks go up, the chips go down.

No volume today in the Chinese domain market. After our friend Wuyu dumped a motherload of domain Chips, it’s been quiet as usual.

We keep track of short domain sales in China, between 2 to 4 characters in length, and only in the .CN and .COM TLDs. Don’t bother about the rest.

Here’s today’s list of domains:

vv.cn
kmy.cn
mpb.cn
xbn.cn
xnx.cn
dstg.com
fbtp.com
nypn.com
qkpg.com
qxhc.com
wzbn.com
xwgp.com
zpnj.com

We see that the “despicable” letter “V” is not once, but twice included in the two letter .CN domain that sits at the very top of this list, VV.CN.

Maybe the Chinese are finally adjusting their domain palate?


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