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 ultimately is societal over-competition to the extreme, with rigid social classes and no upward mobility for ordinary people, all of whom see the stock market as the only lifeline to turn their fortunes around.
What's even more outrageous is that newborn accounts are directly betting everything on Samsung, SK Hynix, semiconductor ETFs, and some even dare to use three-times leverage to gamble 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 tiny shareholders of chip giants from the moment they are born.
Binding national destiny to the stock market, betting their lives on chips—this nationwide frenzy of risking everything with their own bodies is unmatched anywhere else in the world.