Chinese domain sales report.
Rich Chinese used to go shopping in Hong Kong for a Rolex or Tudor watch, but nowadays monthly retail sales are down more than half since the peak in 2013.
Expensive chains such as Chow Tai Fook Jewellery Group Ltd. and Emperor Watch & Jewellery Ltd. are watching their stocks plunge over that period.
One can blame it on the Chinese government’s austerity measures, that lead to the decline in Swiss watch exports to all major Asian nations.
Meanwhile, domain sales in China follow a lukewarm sentiment.
While some Chinese domain investors are reaping the wealth of their investments by cashing in their “chips,” others are numb watching the value of over-inflated domain genres plummet.
The current correction in the Chinese domain is something that was anticipated since Q4 of last year, despite cries of “buy!” from the usual promoters of shorting and flipping domains.
Today’s list of .CN and .COM domains of between 2 to 4 characters in length, is not bad for a Monday.
Numerics are holding strong, while very few LLL .com domains change hands; Chips are definitely being sold with the current going price hovering around $1,500 or below.
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703.cn
805.cn
908.cn
yms.com
8263.com
bdbm.com
bsjm.com
ccww.com
crld.com
dxds.com
fnjx.com
ggft.com
gjcj.com
gjxx.com
gphh.com
hpdf.com
jlnb.com
jwsw.com
kckq.com
kscl.com
lsbw.com
ltlp.com
mcck.com
nrnh.com
pgwr.com
rfgx.com
sgwq.com
srry.com
wzgs.com
zxcj.com
