Chinese domain market report.
Multi-billionaire investor, George Soros, is predicting a “hard landing” for China, thanks to its economy that’s in deflation.
On the other hand, Goldman Sachs Group Inc. says investors are overstating the slowdown’s impact on the world and that things will be ok.
At stake is $7.8 trillion dollars, the amount that’s been wiped from global equities in 2016 after China’s selloff sent commodities – including oil – tumbling to the lowest in 12 years.
No matter who is right and who is wrong, domain sales in China continue to attract investors and fund-funneling individuals alike.
Hong Kong fund managers started the game of LLLL .com trading over a year ago, and the spill-over effect soon incorporated lesser TLDs and 5, 6 or longer numeric domains.
At this point, we aren’t sure who will be left holding the bag, as prices are definitely dropping, according to BenMi.com.
We keep track of Chinese domain sales of short domains and share with our readers what we find. Chinese domain investors usually take a break on the weekends.
Here’s today’s list of short domains being traded in China.
wml.cn
ffk.com
hhz.com
xqh.com
xqp.com
ybl.com
ztn.com
1775.com
zsyz.com
My butler used to be a fund manager
I have a BillionDollarHedgeFund.com
LOL
I have been hearing “hard landing” for the past 10 years from the so called experts. And I am sure I will be hearing the same words about China in 10 years.
DO – When George Soros speaks, mortals listen.
Yes, I respect Mr.Soros’s views and opinions. I also respect other optimists’ opinions like what Mr. Paul Sheard, chief economist of Standard & Poor’s, is saying “6.3 per cent real GDP growth this year is the equivalent of about 14 per cent growth in 2009, in terms of the size of the increment to global GDP”.
DO – I’d love to be optimistic too, but after that $7.8 Trillion figure, I’m more inclined to be on the doom and gloom side.
Don’t be too pessimistic. LOL. Have a great Sunday.