China Snapshot for 1/7/16
For the second time this week the Chinese stock market was halted after tripping circuits for a 7% drop. There continues to be focus in the domain world on how this will affect domain values, especially the categories the Chinese trade in daily. The Yuan slipped from 1 Yuan = .1533 to 1 Yuan = .1517.
2989.cn sold for 23,000 RMB ($3489) that was the first 4N.cn of the new year.
14 names sold via direct sales and 8 auctions closed. This was the biggest day for auctions in a month. The top direct sale was KDJY.com at 20,000 RMB ($3,034). The top auction was HQHP.com at 42,000 RMB ($6,371). The lowest sales came in at around 14,141 RMB.
There were 22 4L.net chips that sold for a total of 38,291 RMB ($5,808). There were five auctions with GZJQ.net the top close at 2,000 RMB. MRTT.net was the top direct sale at 1,789 RMB. 1,700 RMB was the lowest any name sold for with most going in the 1,730 RMB range.
There were 84 Direct sales in the 4L.cc Chips space today. The sales totaled 44,249 RMB ($6,712). There was only one auction ZNJZ.cc at 600 RMB. ttpp.cc 2,088 RMB and zygf.cc at 1,168 RMB were the top two sales, most sales were in the 490 RMB sales range.
5N.com (no 0 or 4)
There were 3 direct sales and 0 auctions.
88717.com 25,000 RMB
39622.com 22,999 RMB
93183.com 20,888 RMB
5N.net (no 0 or 4)
We saw the biggest volume since 12/30/15 with 138 direct sales for 210,572 RMB ($31,944). There were 29 auctions that closed, the auctions closed at 1,400 RMB. The top direct sales were 83988.net 3,988 RMB, 33389.net 3,333 RMB and 33395.net at 3,333 RMB.
5N.cc (no 0 or 4)
Two direct sales took place, 13378.cc at 1,799 RMB and 13368.cc at 1,799 RMB.
6N.com (no 0 or 4)
Volume was to the upside again with 188 direct sales.
64 Direct sales with a total of 79,103 RMB ($12,000) in total sales. Most sales were in the 1,058 RMB range. 34 auctions closed with 562688.com the high sale at 7,000 RMB ($1,061).
6N.net (no 0 or 4)
216 Direct sales with a total of 19,054 RMB ($2,890) in sales. There were 2 auctions that closed. The top sale was 895388.net at 588 RMB.