Domain sales Made in China.
China’s economic growth has met several severe bumps along the road; last year’s massive stock market crash cost investors billions of dollars.
So far, the Year of the Monkey has been less than impressive, but definitely playful.
Conditions in China have led many Chinese domain investors to sell their domain assets, some of which were made in order to funnel funds in a safe haven easy to liquidate.
We’ve been following the Chinese domain market for months now, and it’s not the promised land that was hyped to be.
Many domain investors cached their “Chips” early on, and those that are left holding the proverbial bag are getting angry and are most likely in denial.
The Chinese domain market sales we focus on are 2 to 4 characters in length, for the .CN and .COM TLDs. The writing is on the wall about the decline in these categories of domains, and even the de facto domain coin, LLL .com, has seen an overall drop.
Therefore, those that accuse us of proclaiming that the sky is falling, are simply unable to fathom how their “predictions” fell through. Were they excited about the market’s stellar performance during 2015? Were they aware of actively hyping the market and assisting to its subsequent spiraling drop?
These are questions that any savvy domain investor needs to answer for themselves. We simply observe the markets and crunch the domain numbers.
Today’s list of short domains follows:
yg.cn
5o.com
ckq.cn
mhm.cn
mxf.cn
o5.com
pfl.cn
xhp.cn
xzg.cn
262.com
yao.com
3196.com
3253.com
3271.com
3627.com
3671.com
pjfj.com
wznb.com
xhhy.com
xnzf.com
Not sure about chips but my 5 Numbers have had offers of 10k and more for no 0 and 4 and at least 1 eight.
So Not sure the sky is falling because it really depends what are you have invested. The Chips could be falling but not the numbers with 5n or 4n. No way…