Originally Posted by Vendot

Well it's looking bubbly but the Chinese have only just come on board in the last year so it could be even bigger in 2016. It was reported just yesterday that they completed a live auction that made over 23 million USD in sales. That's bigger than any of the US domain auctions including TRAFFIC as far as I'm aware (but don't quote me).

If you're curious to know what the Chinese are buying, take a look at the sales list:

Chinese Live Auction Nets over 150 Million RMB ($23.1 mil)