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South Korea's 52 million people opened 108 million stock accounts, an increase of over 10 million in half a year.

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As South Korea's KOSPI index continues to hit new all-time highs, more and more people are entering the stock market. Particularly this year, the number of small accounts has increased significantly, bringing an influx of new investors. According to data released by the Korea Financial Investment Association on the 25th, as of the 24th, the total number of active stock trading accounts across all domestic securities companies in South Korea was 108.77 million, with the latest statistics showing an average of 2 accounts per person. Based on an analysis of new account openings by age group from Daishin Securities, in April this year, the account opening rate for the 0-9 age group increased by 119.2% compared to January this year. Shinhan Investment Securities also reported a 272% year-over-year increase in the number of minor account openings in the first quarter of this year. (Xinhua Finance)
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