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

FM Global, a Fortune 500 company, invests $10 million to upgrade to FM.com!

FM Global, a Fortune 500 company, invests $10 million to upgrade to FM.com!

Factory Mutual Insurance Company (FM Global), a Fortune 500 U.S.-based commercial property insurance company, recently acquired the scarce two-letter domain name FM.com for $10 million for branding upgrades. The company's previous domain

Industry Information 24 Jul 2024 05:44:35 PM

GoDaddy Adjusts Afternic Fee Policy: Fees for Sales Involving Non-Web Domains Increased to 25 Percent

GoDaddy Adjusts Afternic Fee Policy: Fees for Sales Involving Non-Web Domains Increased to 25 Percent

Recently, with GoDaddy's restructuring following its acquisitions of Uniregistry and Dan.com, the company made significant changes to the fee policy of its domain trading platform, Afternic. Under the new policy, if a domain name is sold

Industry Information 24 Jul 2024 11:44:23 AM

Babista.com Domain Name Dispute Ruling Rejects Defendant's Reverse Domain Name Hijacking!

Babista.com Domain Name Dispute Ruling Rejects Defendant's Reverse Domain Name Hijacking!

In a dispute over the domain name Babista.com, the Complainant claimed rights to the trademark “BABISTA” and accused Respondent PTB Media Ltd of registering and using the domain name in bad faith. However, after reviewing the evidence,

Industry Information 22 Jul 2024 11:51:36 AM

Free Abuse Group Says URLAbuse Group Reported .TOP Registrars

Free Abuse Group Says URLAbuse Group Reported .TOP Registrars

Recently, an organization called URLAbuse claimed that they had reported the .TOP top-level domain registry to ICANN for failing to effectively handle cyber abuse. According to the report, ICANN issued a warning to the .TOP registry stating

Industry Information 19 Jul 2024 02:25:37 PM

Panel Rejects Eisco Scientific LLC's Transfer Request for Eisco.com Domain Name

Panel Rejects Eisco Scientific LLC's Transfer Request for Eisco.com Domain Name

In a recent Internet dispute resolution process, Eisco Scientific LLC was unsuccessful in obtaining the domain name Eisco.com from its domain name registrant, Hexuan Cai, in a dispute stemming from Eisco Scientific's claim that the domain

Industry Information 19 Jul 2024 09:52:58 AM

British TV gets a brand refresh with the single letter u.co.uk

British TV gets a brand refresh with the single letter u.co.uk

UKTV, a company that operates a number of basic cable television stations in the United Kingdom, has changed its name to U and is currently using u.co.uk as its primary target domain..co.uk is the country top-level domain (ccTLD) for the

Industry Information 18 Jul 2024 04:26:54 PM

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