The Chinese domain market.
The so-called “Chinese domain market” had an explosive growth in 2015, after the sudden adoption of LLLL .com domains by the managers of a Hong Kong fund.
The spill-over effect expanded onto 5, 6 and even longer strings, primarily numeric combinations.
Some refer to this growth as a bubble, or even an attempt to funnel funds out of China.
One thing is certain: trading the Chinese domain market appears to be very addictive, and a recent case of opium lacing of Chinese food comes to mind.
We keep track of Chinese domain sales of short domains, and share the info with some data obtained via BenMi.com – the Chinese sales tracker.
At the end of the week, there is usually a slow down of activity until the Asian financial markets resume on Monday.
Here is today’s list of short domains that changed hands in China:
jm.cn
t7.cn
dfk.cn
xyr.cn
wjm.com
3993.com
7220.com
jhpk.com
qdfc.com
Even my Butler has began …….. chasing the dragon
Hire – Puff the magic dragon comes to mind. 😉
Dg, perhaps even a little Monkey Magic?
Two word domain must be worth a lot. I see that chinese domain name usually carries a lot of numerical in them. I usually don’t remember when was the last time i ever visited a site with numbers in them. China has actually a lot of internet users so I think their domain business can’t be less addictive like you said.