South Korean Parents Open Stock Accounts for Newborns

PANews posted on X (formerly Twitter). In South Korea, a growing trend among young parents involves opening stock accounts for their newborns. As part of this practice, parents select investment targets during the late stages of pregnancy and, upon the child's birth, use mobile devices to remotely open accounts and place orders. This approach allows newborns to become shareholders in major companies such as SK Hynix and Samsung Electronics.