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)

National Guardsmen are put through riot training in Boston's Commonwealth Armory on Friday, October 18, 1974. Massachusetts Gov. Francis W. Sargent called up the guard to quell school violence, but the city has been relatively calm and the guard has remained in the armories. (Photo by JWG/AP Photo)

Vatican Swiss Guards stand attention at the St. Damaso courtyard on the occasion of the swearing-in ceremony at the Vatican, Sunday, October 4, 2020. The ceremony is held to commemorate the day in 1527 when 147 Swiss Guards died protecting Pope Clement VII during the Sack of Rome. (Photo by Gregorio Borgia/AP Photo)

A guard dog in the suburbs of Yakutsk, Russia, considered to be the coldest city in the world, January 2014. (Photo by Amos Chapple/REX Features)

In this photo released by the Alaska National Guard, Alaska Army National Guard soldiers use a CH-47 Chinook helicopter to removed an abandoned bus, popularized by the book and movie “Into the Wild”, out of its location in the Alaska backcountry Thursday, June 18, 2020, as part of a training mission. Alaska Natural Resources Commissioner Corri Feige, in a release, said the bus will be kept in a secure location while her department weighs various options for what to do with it. (Photo by Sgt. Seth LaCount/Alaska National Guard via AP Photo)

This handout photo taken on September 26, 2025 and released on September 27 by the Philippine Coast Guard shows coast guard personnel (background) evacuating a person at the height of Severe Tropical Storm Bualoi in San Agustin town, Romblon province. The Philippines evacuated hundreds of thousands of people and confirmed at least three deaths on Friday as it faced yet another tropical storm, days after it was battered by deadly Super Typhoon Ragasa. (Photo by Handout/Philippine Coast Guard (PCG)/AFP Photo)

In this photo provided by the U.S. Coast Guard, the Russian tanker Renda powers toward Nome, Alaska with the U.S. Coast Guard Cutter Healy's assistance January 6, 2012 in the Bering Sea. (Photo by Sara Francis/U.S. Coast Guard via Getty Images)