Today I saw a news report that Korean parents are rushing to open accounts for their children, even opening accounts the moment the baby is born in the delivery room, then using the child's account to put money into the stock market for trading.

South Korea is a country with a very high "gambling" tendency, with everyone trading cryptocurrencies and stocks, even more crazed than the United States.
The root cause is ultimately social competition to the extreme, with rigid social classes, no upward mobility for ordinary people, and everyone treating the stock market as the only lifeline to turn things around.
What's even more outrageous is that newborn accounts are directly going all-in on Samsung, SK Hynix, semiconductor ETFs, and many even dare to gamble with three times leverage on the market.
Among Samsung Electronics' 5.06 million individual shareholders, nearly 360k are under 20 years old.
Hundreds of thousands of Korean children are, from birth, minor shareholders in chip giants.
Binding national destiny to the stock market, betting life on chips—this nationwide frenzy of risking everything with their own bodies is unmatched anywhere else in the world.