Crystal ice cubes at Jingyuetan National Forest Park attract tourists in Changchun City, northeast China's Jilin Province on January 10, 2024. (Photo by Splash News and Pictures)

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)

Norway's Karsten Warholm celebrates winning the men's 400m hurdles at the Diamond League in London, July 21, 2018. (Photo by Andrew Boyers/Action Images via Reuters)

Aidan Thomas wears a Smokey Bear t-shirt as he watches smoke from the Airport Fire rise behind Meander Lane in Trabuco Canyon, Calif., on Monday, September 9, 2024. (Photo by Jeff Gritchen/The Orange County Register via AP Photo)

Chen Ruolin of China performs a jump during the mixed team event final at the Aquatics World Championships in Kazan, Russia July 29, 2015. (Photo by Stefan Wermuth/Reuters)

A member of the U.S. Secret Service looks on as Marine One carrying President Joe Biden departs from the South Lawn of the White House in Washington, on October 17, 2024. (Photo by Nathan Howard/Reuters)

Senior citizens sit outside US retailer Victoria’s Secret in Beijing, China, 08 April 2025. On 07 April, 2025, US President Donald Trump threatened China with an additional 50 percent tariff on goods imported into the US if it does not withdraw a 34 percent tariff it imposed on US imports into China. The 34 percent tariff China set was in response to Trump’s earlier 34 percent tariff on Chinese imports into the US. Trump gave China a deadline of 08 April to withdraw its tax, or it will face the 50 percent additional tax. (Photo by Jessica Lee/EPA/EFE)

Caio Souza of Team Brazil competes on vault during Men's Qualification on day one of the Tokyo 2020 Olympic Games at Ariake Gymnastics Centre on July 24, 2021 in Tokyo, Japan. (Photo by Mike Blake/Reuters)