In South Korea, a unique trend is emerging: when an 8-year-old boy blows out the candles on his birthday cake, his gift might well be three shares of Samsung Electronics stock, bestowed by his father. This practice is gaining traction across the nation, as numerous parents are forgoing the long-standing tradition of purchasing property for their children. Instead, they are going as far as to open securities accounts for their newborns, instantly transforming them into shareholders of the semiconductor behemoth.
