Don't know why you call it "scam".

The Nigerian prince story or similar can be called a scam.

This however is simply a way to get folks registering new domains. Belongs in the spam folder.

Oh, Scam is the right word , JohnRoy . It's not just a way of getting folks to register new domains , is it? It's a fraudulent, disingenous scheme, which makes it a certain scam...

Have seen such an email more than once.
They give you the offer to register your company name in other tlds. Otherwise, some competition ["who inquired about it" (probably a lie)] can register it. They give you 72 hours. If you reply that you're looking into it, they'll give you another week before notifying they need a reply shortly.
Yes, looks more real, but smelled like...
However, it's not as scammy as the others. It's spam. Ignore it.

I received an email today from a domain registration company in Hong Long

The first clue that it was an attempted scam email.

Another way of putting it:

How do I know when a car salesman is lying to me?
When he opens his mouth to speak.

Any emails I receive from countries like China/etc. are either deleted, or if I'm in a playful mood.....replied to that I have captured their IP address and their home address (believe it or not, majority of these guys that attempt these types of scams are complete morons) and am reporting this attempted scam along with their home address to their communist or socialist government.

[edited by: BaseballGuy at 10:35 pm (utc) on April 4, 2009]

We actually replied to them and the discussion reached to the point of price (just out of curiosity; not that we will actually pay). The cheapest was about 1500 euros for a .cn domain. Ridiculous!

1500 euros for a .cn domain

Ridiculous is an understatement. ;)
Consider that last year .cn domain names were selling for as little as RMB1 yuan [webmasterworld.com] (US 14¢ (14 cents)) as part of a promotional campaign.

...replied to that I have captured their IP address and their home address (believe it or not, majority of these guys that attempt these types of scams are complete morons) and am reporting this attempted scam along with their home address to their communist or socialist government.

Why even play? Why give them an email address? Delete!

Yeah suggest you don't reply - if you indicate any interest, they may in fact register the domain and squat on it, perceiving it as valuable. Best just to ignore them.

[edited by: engine at 8:21 am (utc) on April 15, 2009]
[edit reason] language [/edit]

Such mails do keep coming after registering new domains, simply ignore them.

I think this the is second or third post about this company sending out these emails.

I wonder how many webmasters are falling for this?