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China's hottest investment: overpriced sneakers

Wang Yue shows off his collection at his home in Shanghai. [AFP]

Forget stocks, real estate, even cryptocurrencies -- China's hottest investment nowadays may be the Nike, Adidas, and Puma basketball shoes that "sneakerheads" like Hu Huaiyuan fight to get their hands on.

Enthusiasts worldwide have fuelled an expanding bubble in high-priced sneakers, often limited-edition collaborations between big names in sportswear and fashion, rappers or athletes.

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