Connect with us

Social Stories

Young South Korean Couples Are Gifting Tesla Stocks To Each Other Instead Of Flowers



D6B76E46 A61C 4990 8776 Aa6E06A6A5Fd
For illustrative purposes | Source: World nomads & Youth investment

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Flowers are temporary, stocks are for investment!

Romance in South Korea have taken a rather financial turn as instead of buying flowers or chocolates for each other, young couples are now gifting blue-chip stocks for their significant others in order to woo them. As reported by Insider, the trend started after Korean-based securities brokerage and investment banking company Shinhan Investment Corp started listing ‘stock gfit cards’ on the immensely popular KakaoTalk mobile app’s ‘Kakao Gift’ late last year.

2Ff6B9B1 28F3 428A 8934 255Cf7898937

A tesla stock gift card sold in south korea.

The move made purchasing stocks a lot more accessible for South Koreans. So instead of purchasing a Starbucks drink for their girlfriend or boyfriend, young South Koreans are actually purchasing Starbucks stocks for them using the gift cards. Furthermore, more expensive stocks are more popular, including Apple stock gift cards which starts at around RM91 each or Tesla stock gift cards starting at RM108.

The introduction of this stock gift cards allows for the recipients to create a brokerage account and simply register the gift card’s code without having to meet a financial advisor.

5F4F36E6 E0B4 4C87 A532 768A1793C151

For illustrative purposes.

Moreover, these stock gift cards have been incredibly popular with more than 20,000 sold since 24 December 2020. The most popular buyers were among customers in their 20s and 30s. According to local media outlet Straightnews, the most popular stocks for gift-giving is Tesla, followed by Apple Starbucks and Netflix.

The popularity of Shinhan Investment Corp’s stock gift cards offering prompted another stock provider, KB Securities to make a similar offering, starting from just RM37. This stock gift card offering is more flexible, whereby it can be used to buy a variety of foreign stocks instead of just a specific company’s stock.

134A5A76 Baeb 49E7 Bb8B 3D389Cd37622

An advertisement for stock gift cards.

KB Securities’ offerings become incredibly popular since its launch in 29 March 2021. A whopping 3.4 million gift cards of varying amounts have been sold within the first 20 days alone!

What do you guys think of this new trend in South Korea? Would you purchase stocks for your boyfriend or girlfriend? Or do you think you’d stick to something a little bit more conventional? Share your thoughts with us in the comments.


Also read: China Man Shamed For Dating Ad, Shares How Men Must Be “Rich & Handsome” To Date

My Post 2021 04 13T103421.770 1

Source: Straightnews
Source: World nomads
Source: sedaily

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

My Post 2021 06 23T163646.240 My Post 2021 06 23T163646.240
News11 hours ago

KKM Debunks Rumours That Man Died By Eating Durian A Day After Getting Vaccinated

It’s that time of the year again. When Malaysians rejoice as the smell of durian wafts in the air. Unfortunately,...

Dok Dok
News11 hours ago

Perlis Doctor Fully Vaccinated With Pfizer, Fined For Posting Fake News About Sinovac

A 53-year-old doctor from a private clinic in Perlis was fined RM5,000 after pleading guilty to spreading false information about...

Pjimage 66 1 Pjimage 66 1
News12 hours ago

Children Aged 12 & Above Are Allowed To Be Registered As Vaccine Dependents On MySejahtera

Those aged 12 to 18 years old can now be registered for the Covid-19 vaccine through the MySejahtera application. Previously,...

Ascascascasca Ascascascasca
News14 hours ago

3 Burglars In Johor Jumped From Flyover To Escape Police But Failed After Sustaining Injuries

Three suspects went to the extent of jumping from a flyover in order to escape the authorities after breaking into...

My Post 2021 06 23T121544.616 My Post 2021 06 23T121544.616
News15 hours ago

Man In Indonesia Stabs Colleague To Death After He Was Made Fun Of For Being ‘Ugly’

A man killed his colleague in an act of revenge as he could not stand being ridiculed for his looks,...

Pjimage 2021 06 23T115048.734 Pjimage 2021 06 23T115048.734
News16 hours ago

M’sian Athlete Breaks World Record & Bags Gold Medal In Powerlifting At Dubai World Cup

What a proud day for Malaysia! National athlete, Bonnie Bunyau Gustin has made Malaysia proud with his outstanding performance at...

Newborn Ft 2 Newborn Ft 2
News16 hours ago

Mother Shocked After 13yo Daughter Gives Birth, Allegedly Raped By 14yo Cousin Multiple Times

A woman who is the mother of a 13-year-old daughter was shocked to find her child had given birth to...

Ds Ds
News17 hours ago

Iron Scaffold Plate Falls & Damages 7 Cars Parked Near Construction Site In Cheras

An iron scaffold plate that was being lifted by a crane at a construction site in Jalan Ikan Emas, Cheras...


Latest Videos