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Chinese domain market sales : No gay times in China

China might want to portray itself as a tech-driven society on par with the West, but the world’s 2nd largest economy has a long ways to go. A judge ruled on Wednesday against a gay couple who had sought the right to marry, in China’s first court case addressing the issue of same-sex unions. The […]

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Chinese domain market sales : Stocks gain but Chips drop

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 […]

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Chinese domain market sales : It was good while it lasted …

Looking back a couple of months ago, it seems that the Year of the Domain Monkey hasn’t started on a happy foot. After a week of partying and jubilation, everyone sat tight waiting for the giddy, gay days of last year to arrive, but alas, they did not. Shrinkage in volume and sales among the […]

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Chinese domain market sales : Emptying the ‘Chip’ bag

The Hong Kong fund managers that started the game of “Chips” by acquiring and trading large caches of LLLL .com domains definitely got their investment money back. Meanwhile, a few hundred investors are trading these domains back in hopes of making a fortune. Many have acquired them at the peak of the market, ignoring Sales […]

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Chinese domain market : Massive ‘Chip’ sellout continues

Another day, another yuan in China, and the world’s 2nd economy continues to provide lots of opportunities to entrepreneurs. The Year of the Monkey is now into its second financial quarter, approaching the anniversary of a massive stock market crash in China. Last year’s second half was absolutely brutal for Chinese investors, who sought a […]

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Chinese domain market sales : Get ready for a hot summer!

China‘s economy is about to roam into Q2/2016 and memories of last year’s stock market crash come to mind. This summer is expected to be extremely hot in China, both literally and for the economy. Standard & Poors changed its outlook for China’s credit rating to negative, due to a slower than expected move towards […]

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Chinese domain market sales : Tombstone on the ‘Chip’ grave?

Yesterday we broke the news of new Chinese regulatory changes; China’s government is getting ready to turn the country’s online presence into a large “white list.” No longer satisfied with black-listing domains, the Chinese government plans to enforce the voluntary approval of TLDs other than .CN, one by one. Soon, one would have to get […]

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Chinese domain market sales : Domain investor from China cashed his ‘chips’

Through today’s Chinese domain market sales report, we extend our deepest sympathy to the victims of the terrorist attacks in Brussels. May the perpetrators be found, tried, and sentenced for their heinous crimes. A Chinese domain investor from China has just liquidated a portfolio of LLLL .com domains, that fall in the “chips” category. Shandongshengcaoxian, […]

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Chinese domain market sales : Two letters, numbers and no Chips for you

As the Chinese economy continues to struggle, it boggles the mind that SUVs – sport utility vehicles – are increasingly the cars of choice for Chinese drivers. Despite the Chinese government’s tightening of fuel-economy standards, SUV sales in China accounted for a record 35% of all newly registered cars this year. This trend started in […]

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Chinese domain market sales : Half a billion dollars in options expired!

It’s war of the numbers in China, where the government controls the yuan‘s strength, refusing to let it devalue according to the market’s indicators. Hedge funds speculating on the devaluation of the yuan seven months ago, have now lost their bet: At least $562 million dollars in options that pay out if the currency drops […]

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Chinese domain market sales : Wall Street bankers from China head back home

It’s the end of yet another week full of losses for the Chinese stock market, but there’s some hope in the horizon. On the other hand, US-educated, career-oriented bankers from China that have been working for Wall Street corporations, want to head back home. Why so, in the middle of a financial crisis in China, […]

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Chinese domain sales : Stocks loss in the double digits

The Chinese stocks have been absolutely slammed so far this year, with losses in the double digits. China’s economy is a paradox: Despite its sheer size, the volatility of its stock market can generate large fortunes, or make people lose the skin off their backs. The latest reports from China show the following stock market […]

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