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

Industry Information 11 Nov 2023 05:17:56 PM 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

Web3 Domain Names: New Investment Opportunities Brought by Blockchain Technology

Web3 Domain Names: New Investment Opportunities Brought by Blockchain Technology

Unlike traditional domain names that are managed by centralized organizations, Web3 domain names use decentralized blockchain technology, making them more secure and difficult to tamper with.

Industry Information 15 Apr 2025 03:57:02 PM

AI startup uses Pickle.com to upgrade its brand domain

AI startup uses Pickle.com to upgrade its brand domain

Recently, Pickle, a startup company focusing on artificial intelligence video generation technology, announced the completion of its brand upgrade and officially launched the domain name Pickle.com.

Industry Information 15 Apr 2025 10:58:31 AM

Freight financing company convicted of

Freight financing company convicted of "reverse domain name hijacking", abuse of UDRP procedure backfired

A freight financing company called Freightos Limited was found by the WIPO arbitration body to have committed "reverse domain name hijacking" when it attempted to fight for the "freighttrust.com" domain name through UDRP procedures.

Industry Information 14 Apr 2025 03:40:22 PM

UGC.ai sold for $60,500

UGC.ai sold for $60,500

Recently, the domain name UGC.ai was sold for US$60,500, becoming one of the highlights in recent .ai domain name transactions.

Industry Information 14 Apr 2025 03:27:10 PM

Same Complainant, Different Decisions: SullCrom’s UDRP Dispute

Same Complainant, Different Decisions: SullCrom’s UDRP Dispute

Recently, Sullivan & Cromwell law firm (SullCrom) filed a UDRP complaint against two domain names related to its brand, sullcrom-uk.com and sullcrom-ny.com, but the results of the case were completely different.

Industry Information 11 Apr 2025 01:58:37 PM

2025Q1 Liquid Domain Name Market Report: Two-letter .com leads the market

2025Q1 Liquid Domain Name Market Report: Two-letter .com leads the market

In the first quarter of 2025, the public transaction volume of mobile domain names increased by 121.61% year-on-year, among which the two-letter (LL) .com domain name transactions performed outstandingly.

Industry Information 11 Apr 2025 10:37:29 AM

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