This article originally appeared on ABACUS China is mourning the loss of Kobe Bryant, one of the NBA’s all-time greats and a favorite player among the country’s millions of basketball fans. But some have also decided to cash in on the basketball player’s popularity by reselling Nike’s special edition Kobe sneakers at exorbitant prices, with some listed for as much as 23,000 yuan (US$3,300). Online sneaker traders have angered fans, resulting in calls to stop buying Kobe shoes trending on Weibo . Poizon, a popular trading platform that reached unicorn status last year, announced on Monday that it’s temporarily removing Kobe Bryant merchandise and warned against malicious speculation and hoarding. Sneaker trading is popular in China, where a number of platforms have popped up to serve local sneakerheads. Poizon, DoNew and Nice are among the most popular. But the business has also drawn a warning from the country’s central bank, which said that the popular hobby is wading in financially murky waters . Last year, one pair of Air Jordans sold for an eye-popping US$10,740 . But Chinese platforms aren’t the only ones taking advantage of the increased interest in Kobe shoes: Foreign sneaker exchanges like StockX have recorded 50 percent price increases. Purchase the China AI Report 2020 brought to you by SCMP Research and enjoy a 20% discount (original price US$400). This 60-page all new intelligence report gives you first-hand insights and analysis into the latest industry developments and intelligence about China AI. Get exclusive access to our webinars for continuous learning, and interact with China AI executives in live Q&A. Offer valid until 31 March 2020.