The Chinese stock market has been down a staggering $1.8 trillion dollars in 2016 and there is no indication of how much longer oversold stocks will continue to sell.
Stock pushers in the Chinese stock market created the type of oversupply that definitely is reflected in other markets, including the domain market in China.
While many so-called “premium Chinese letters” (Chips) aren’t selling in the sub-$2000 dollar range, some domainers are still seeking to sell at $3,000 dollars.
Source
Stock pushers in the Chinese stock market created the type of oversupply that definitely is reflected in other markets, including the domain market in China.
While many so-called “premium Chinese letters” (Chips) aren’t selling in the sub-$2000 dollar range, some domainers are still seeking to sell at $3,000 dollars.
Source
