A model presents a creation for Kenzo by Japanese fashion designer Tomoaki Nagao aka Nigo during Kenzo fashion show at the North Bund Bay in Shanghai on July 28, 2023. (Photo by Jade Gao/AFP Photo)

Tourists watch roaring torrent carrying a large amount of yellow sediment at the Hukou Waterfall on the Yellow River on August 15, 2024 in Yan'an, Shaanxi Province of China. (Photo by VCG/VCG via Getty Images)

A folk artist performs a stunning fire-pot performance on October 18, 2024 in Guangzhou,Guangdong Province of China.Huohu (fire pot) is a traditional folk performance art.Performers put well-burned charcoal into iron meshes on both sides and shake the meshes up and down so that the charcoal will flare up and blazing sparks will burst out of the meshes and light up the sky just like fireworks. (Photo by John Ricky/Anadolu via Getty Images)

A folk artist gives a fire pot performance at the foot of Ulan Hada volcano group on November 16, 2024 in Ulanqab, Inner Mongolia Autonomous Region of China. A tourism festival themed on ice and snow opened in Ulanqab on November 16, which will last for five months. (Photo by Wang Zheng/VCG via Getty Images)

Giant panda Yu Ai enjoys fruit “kebabs” at Chongqing Zoo on November 30, 2024 in Chongqing, China. (Photo by Li Hongbo/VCG via Getty Images)

A blue observation point contrasts with the orange winter foliage of the metasequoia trees – dawn redwoods – at Huanghai Forest Park on the east coast of China in the second decade of December 2024. (Photo by Splash News and Pictures)

A woman wearing traditional Chinese costumes holds two snake figurines as she poses for a photo by Houhai Lake in Beijing on January 26, 2025, ahead of the Lunar New Year of the Snake which falls on January 29. (Photo by Pedro Pardo/AFP Photo)

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)