People in traditional Chinese costumes attend a parade to celebrate the upcoming Year of the Dragon on January 28, 2024 in Nanjing, Jiangsu Province of China. The Spring Festival, or the Chinese Lunar New Year, falls on February 10 this year. (Photo by Yang Bo/China News Service/VCG via Getty Images)

Models wait backstage before the GUAXIN Autumn/Winter 2024 collection show by Chunlin Yang, during China Fashion Week in Beijing, China on March 29, 2024. (Photo by Tingshu Wang/Reuters)

This aerial photograph taken on April 22, 2024 shows a flooded island after heavy rains in Qingyuan, in southern China's Guangdong province. More than 100,000 people have been evacuated due to heavy rain and fatal floods in southern China, with the government issuing its highest-level rainstorm warning for the affected area on April 23. (Photo by AFP Photo/China Stringer Network)

A model presents a creation from the JianShangYun collection by Chinese designer Shuo Jiang at China Fashion Week in Beijing, Thursday, March 30, 2023. (Photo by Mark Schiefelbein/AP Photo)

Divers wearing mermaid costumes take part in the first Chinese Mermaid Performance Contest at Atlantis resort on December 21, 2021 in Sanya, Hainan Province of China. (Photo by Luo Yunfei/China News Service via Getty Images)

Residents wrapped in blankets watch flames engulf bamboo scaffolding at Wang Fuk Court housing estate after a major fire broke out, in Tai Po, Hong Kong, China, on November 26, 2025. (Photo by Tyrone Siu/Reuters)

People visit the Yellow Sea forest park as the leaves of Dawn Redwoods turn red and yellow in winter in Yancheng, eastern China's Jiangsu province on December 4, 2025. (Photo by AFP Photo/China Stringer Network)

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)