Chinese domain market report : Elequa’s big Chip sale

[domainking131]

As China is approaching the one year anniversary of a dreadful stock market crash, business is as usual at the world’s 2nd largest economy.

With $5 trillion dollars in losses during the crash, many Chinese turned to alternate investments, such as bitcoin and even domain names.

Seeing how the domain market rises and falls along the curve of the overall Chinese economy, one has to wonder where are we heading next.

Domain Investor, Thanayan K. Al-Ghanim also known as Elequa, sold 41 chips.

The list of sales may be viewed on Domain Gang

 

[sharkantropo]

A dreadful stock market crash with $5 trillion dollars in losses during the crash for traditional ridden businesses, no wonder why many Chinese entrepeneurs turned to alternate investments, such as bitcoin and even domains.

My bet is that in regards of domain names, chinese investments are heading towards becoming a traffic friendly TLG registrar.