Zhongxu Future Goes Public! The Two-Letter Domain zx.com Leads to a Market Capitalization Surge of $1 Billion!

Industry Information 28 Sep 2023 11:30:46 AM By:DN editor
Abstract:

On September 28th, the Chinese company Zhongxu Future made its debut on the Hong Kong Stock Exchange. The final offering price was set at HKD 14.00 per share, with a total global offering of 18.976 million shares,

On September 28th, the Chinese company Zhongxu Future made its debut on the Hong Kong Stock Exchange. The final offering price was set at HKD 14.00 per share, with a total global offering of 18.976 million shares, raising up to HKD 266 million. The public offering was oversubscribed by a remarkable 104 times, making Zhongxu Future the company with the highest subscription ratio on the Hong Kong Stock Exchange this year. Its market capitalization is approximately $1 billion.

Zhongxu Future Goes Public! The Two-Letter Domain zx.com Leads to a Market Capitalization Surge of $1 Billion!

Zhongxu Future Goes Public! The Two-Letter Domain zx.com Leads to a Market Capitalization Surge of $1 Billion!

Zhongxu Future's business is categorized into four major segments: "Food, Beverage, Entertainment, and Leisure." The official website of Zhongxu Future is the two-letter domain zx.com, representing the initials of "Zhongxu." This domain name was registered in 1995.

Zhongxu Future Goes Public! The Two-Letter Domain zx.com Leads to a Market Capitalization Surge of $1 Billion!

There are a total of 676 two-letter .com domain names, with registrations starting in 1986. In the first year, only seven were registered, but the number peaked in 1995 with 164 registrations. The registration of the last two-letter .com, cm.com, took place in 2015, marking the completion of all 676 two-letter .com domain registrations after 29 years.

According to data from 2020, in Alexa website ranking statistics, 15 of the top 1,000 global websites use two-letter domain names. The most popular among them is Tencent's QQ.com, ranked 5th globally. Following that is JD.com, belonging to JD.com Inc., which ranks 11th globally. Third on the list is Russia's largest social networking site, vk.com, ranked 23rd globally.

As for current statistics, nearly 400 two-letter .com domain names are in use for websites, with a utilization rate of 60%. Over 100 two-letter domains that haven't been used for websites are owned by corresponding brand companies or investors, and fewer than a hundred are in circulation in the market, making them highly valuable!

Here are some two-letter .com domain names still available for purchase in the market:

SH.com,FN.com,BZ.com,RZ.com

HX.com,PY.com,JL.com,QN.com

BT.com,YB.com,KD.com,VV.com

TS.com,LP.com,JN.com,OR.com

31.com Sold on DN Platform: Digital Domain Values Highlighted

31.com Sold on DN Platform: Digital Domain Values Highlighted

31.com was registered on March 12, 1997, 27 years ago. The numeric domain name is extremely valuable, simple and easy to remember, and it corresponds to the Chinese company Sany Heavy Industries, which is a perfect match. Of course, like 31

Industry Information 14 Nov 2024 02:28:39 PM

Surprise! The word “diamond” domain name Diamond.com was sold for 7-figure dollars!

Surprise! The word “diamond” domain name Diamond.com was sold for 7-figure dollars!

The single word “diamond” domain name Diamond.com has attracted a lot of attention in the industry after it was recently revealed that it was successfully sold for a seven-figure sum.

Industry Information 14 Nov 2024 11:25:07 AM

Panel Dismisses Complaint: Hallofgames.com Domain Name Remains Under Original Attribution

Panel Dismisses Complaint: Hallofgames.com Domain Name Remains Under Original Attribution

The Complainant contends that the Respondent has registered and is using the domain name hallofgames.com in bad faith; however, the domain name was first registered in 1999

Industry Information 13 Nov 2024 04:57:08 PM

.org domains buck the trend as traditional gTLD landscape changes

.org domains buck the trend as traditional gTLD landscape changes

A major change is happening in the domain name space. Users are abandoning traditional generic top-level domains (gTLDs) in 2024, but .org domains stand out, with more than 11 million registrations, according to domainincite.

Industry Information 13 Nov 2024 10:26:27 AM

Houston.life newly upgraded to Houston.com, geo-domains lead the new trend of branding!

Houston.life newly upgraded to Houston.com, geo-domains lead the new trend of branding!

The operator of the geographic domain Houston.life recently underwent a major upgrade, forwarding it to the more authoritative Houston.com domain. The sale of this domain was handled by Geocentric Media CEO Fred Mercaldo. While the exact

Industry Information 13 Nov 2024 09:12:04 AM

Terminal Acquisition!HO.com two-letter domain name revealed to be for sale for branding upgrade

Terminal Acquisition!HO.com two-letter domain name revealed to be for sale for branding upgrade

According to informed sources, the two-letter domain name HO.com has been successfully sold recently, the buyer is the end customer Harrelson's Own, which is planned to be used for the upgrade of the brand domain name harrelsonsown.com.

Industry Information 12 Nov 2024 04:47:56 PM

Zhongxu Future Goes Public! The Two-Letter Domain zx.com Leads to a Market Capitalization Surge of $1 Billion!