Parents pile into Samsung Electronics for kids’ stock gifts

Samsung Electronics was the most gifted domestic stock to underage children in April, accounting for more than half of such transactions, data from KB Securities showed Tuesday. According to the brokerage’s stock gifting service, Samsung Electronics made up 56.3 percent of all domestic stock gifts to minors aged 18 and under among its clients, underscoring its dominance among retail investors. Analysts attributed the popularity to its relatively accessible price — 230,500 won ($156) as of Monday

By The Korea Herald