That's A Lot of Yuan for .CN

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Of all the new gTLD's that will be released in the coming years, those with strong geographic implications stand to most greatly influence the market. Just take a look at what's happening now in China.

Nicenic, which operates a domain registration and hosting service in China, posted over the weekend that the open auction of pre-reserved .CN domain names has generated over 50 Million Yuan/RMB ($8.2 million U.S.). 

Some of the stand out sales included Game.CN (which ended with a bid of 3.098 million CNY), GW.CN (2.004 million cny), LB.CN (1.1 million cny), and CM.CN (1.066 million).

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