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)

A boat, center, is surrounded by Japan Cost Guard's patrol boats after some activists descended from the boat on Uotsuri Island, one of the islands of Senkaku in Japanese and Diaoyu in Chinese, in East China Sea Wednesday, Aug. 15, 2012. Regional tensions flared on the emotional anniversary of Japan's World War II surrender as activists from China and South Korea used Wednesday's occasion to press rival territorial claims, prompting 14 arrests by Japanese authorities. The 14 people had traveled by boat from Hong Kong to the disputed islands controlled by Japan but also claimed by China and Taiwan. (Photo by Yomiuri Shimbun/Masataka Morita/AP Photo)

People board a train at the West Railway Station on January 7, 2012 in Beijing, China. China's railways are bracing themselves as millions of migrant labourers are set to leave cities for their native villages to celebrate the Chinese New Year. (Photo by Lintao Zhang/Getty Images)

A winter swimming enthusiast dives into a partly frozen lake in a partly frozen lake in Shenyang, in northeastern China's Liaoning province on January 25, 2022. (Photo by AFP Photo/China Stringer Network)

Workers produce Bing Dwen Dwen plush toys at the workshop of Jinjiang Hengsheng Toys Co., Ltd. on February 8, 2022 in Jinjiang, Fujiang Province of China. (Photo by VCG/VCG via Getty Images)

A man stands on a jetty on the fog-shrouded Victoria Harbour Wanchai in Hong Kong, China, 22 March 2022. Fog is common in Hong Kong in spr​ingtime when the territory is affected by alternate cold and warm air. (Photo by Jerome Favre/EPA/EFE)

People in quarantine exercise in front of their homes amid Covid-19 full lockdown of the city in Shanghai, China, 27 April 2022. According to the Shanghai Health Commission on 27 April, there were 48 new Covid-19 deaths, 1,606 locally transmitted cases, and 11,956 local asymptomatic infections, in Shanghai city. Despite the death toll rising in Shanghai, the number of daily infections has gradually declined. (Photo by Alex Plavevski/EPA/EFE)