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)

Mayu adjusts Koiku’s kimono, as Koiku wears a protective face mask while posing for a photograph, before they work at a party where they will entertain with other geisha at Japanese luxury restaurant Asada in Tokyo, Japan, June 23, 2020. (Photo by Kim Kyung-Hoon/Reuters)

A little girl wearing a face mask dances in front of a toy panda at a shopping area in Shanghai, following the coronavirus disease (COVID-19) outbreak, China on June 16, 2020. (Photo by Aly Song/Reuters)

A girl types on a computer as she demonstrates the interior of the new Volvo S90 during the Auto China 2016 auto show in Beijing April 25, 2016. (Photo by Damir Sagolj/Reuters)

A woman wearing a raincoat collects a plastic bag near a beach as Typhoon Bualoi nears, in Nghe An province, Vietnam, on September 28, 2025. (Photo by Thinh Nguyen/Reuters)

In this photo taken on January 20, 2024 a tourist poses in front of incense sticks drying in a courtyard in the village of Quang Phu Cau on the outskirts of Hanoi. Families living and working in the “incense village” of Quang Phu Cau now also make sticks in yellow, blue and green, catering to visitors eager to snap shots for Instagram. (Photo by Nhac Nguyen/AFP Photo)

Shanghai Ballet dancers wearing masks practise in a dance studio in Shanghai, China, as the country is hit by an outbreak of the novel coronavirus, February 20, 2020. (Photo by Aly Song/Reuters)

Soldiers of China's People's Liberation Army march with their weapons during a training session for a military parade to mark the 70th anniversary of the end of World War Two, at a military base in Beijing, China, August 22, 2015. Troops from at least 10 countries including Russia and Kazakhstan will join an unprecedented military parade in Beijing next month to commemorate China's victory over Japan during World War Two, Chinese officials said. The parade on September 3 will involve about 12,000 Chinese troops and 200 aircraft, Qi Rui, deputy director of the government office organizing the parade, told reporters in Beijing on Friday. (Photo by Damir Sagolj/Reuters)