Chaomi.CC is the Chinese domestic domain market price ticker. The data gets updated every half an hour and works like a stock market ticker. It helps us to understand what’s going on in the Chinese market real time.
The news is that it gets a competitor at 1755.com The layout and stuffs are strikingly similar to Chaomi.CC Remember we said last week ideas get copied in China?
1755.com loads much faster than Chaomi.CC and is having a slicker interface.
Ideally, we expect the data to match in both tickers, but that’s not being the case. 1755.com tracks the sales in the new market place 1618.com
Cynthia of DN.com had reported the launch of 1618.com in Namepros.com last week. She says, “A new domain trading platform in China has been launched today–– it’s called 1618 Domain Names Bulk Trading Platform (1618.com). Founders of 1618.com are Uncle Hang, Daben and Langhua, all of them are famous domain investors in China. 1618.com’s main service is to provide bulk trading service, it’s the upgraded version of BIN sale, 1618.com also introduced financial leverage service. At present, 1618.com supports the following types of domain names, i.e. 3L.com/cn (without a, v, e, o, u, i), 4L.com/cn, 4L.net (without a, v, e, o, i, u), 5N.com/cn /cc (without 0, 4) and 6N.com (without 0, 4).”
It might be a matter of time Chaomi.CC includes the data from the new marketplace into their ticker. I pray they do! As of now, both the tickers are showing wide range of difference and it is confusing for the investor. It is like the Dow Jones showing different indexes for the day in two different websites. How stupid that can be? I hope the Chinese realize this.
1755.com and Chaomi.CC showing different data for the Chinese domestic market.
As of now, for our research purposes and trend tracker, I will stick with the Chaomi.CC ticker as that has been the standard so far. If they don’t upgrade, it is a matter of concern though. Looking at the huge difference in sales figures, it is impossible to avoid 1618.com Some of the money that would otherwise have been spent in these marketplaces might be flowing to 1618.com now.
This also makes me wonder about the untracked sales data in China. Not all sales happen through the market places. There could be sales happening via WeChat, QQ, private groups, between friends, brokered sales etc. Looking at the secretive nature of Chinese investors, this could be very possible and would be huge.