Some are in it just for the money, others to help buy a meal. Then there are those who trade for fun or to spend time among friends. Millions of investors – pensioners, security guards, high-school students – dominate China's stock markets, conducting about 80 percent of all trades. Retirees gather in brokerage houses dotted around China also to enjoy some company and savour the air conditioning on hot days. Some start as young as 13, trading from home with an eye on future careers in finance. Winning isn't guaranteed. This year, among the most turbulent in China's financial history, its stock markets more than doubled in the six months to May, only to crash amid concerns that growth in the country, which makes everything from cars to steel, is slowing faster than previously thought. (Photo by Aly Song/Reuters)

A woman wearing a protective mask walks outside a church in Mandaluyong, east of Manila, Philippines on Sunday, February 2, 2020. The Philippines on Sunday reported the first death of a new virus outside of China, where authorities delayed the opening of schools in the worst-hit province and tightened quarantine measures in another that allow only one family member to venture out to buy supplies. (Photo by Aaron Favila/AP Photo)

Villagers riding a rickshaw maneuver along an overflowing dam at the border between Cavite province and Las Pinas city, in Las Pinas, Philippines, 25 October 2020. According to Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA), Typhoon Molave will make landfall in the evening of 25 October in southern Luzon island. An alert was issued to residents for possible floods and landslides. (Photo by Francis R Malasig/EPA/EFE)

A motorcycle carrying a pig crosses a flooded road in Albay province, central Philippines due to Typhoon Vamco on Thursday, November 12, 2020. (Photo by John Michael Magdasoc/AP Photo)

An armed police officer checks the documents of a cyclist at a checkpoint placed to implement a curfew in the country's capital amid rising coronavirus disease (COVID-19) cases, in Caloocan City, Metro Manila, Philippines, March 16, 2021. (Photo by Eloisa Lopez/Reuters)

Boys contort their faces as they participate in a game where they need to slide a coin from their forehead to their mouth to win, during the annual Feast Day of St. Rita of Cascia in Manila, Philippines on May 19, 2019. (Photo by Noel Celis/AFP Photo)

A commuter holding his shoes rides on a tricyle through a flooded street, caused by a heavy downpour brought about by the southwest moonson, in Manila, Philippines on August 2, 2019. (Photo by Ted Aljibe/AFP Photo)

A woman searches for nails and other metal scraps from remains of burned houses that were gutted during a fire at a poor bayside village in the district of Tondo, Manila, Philippines on Friday, May 20, 2022. Investigators said about 300 families became homeless after the fire that happened Thursday night. (Photo by Aaron Favila/AP Photo)