India, Dec. 8 -- Demonstrating a profound misunderstanding of monetary value, an eight-year-old boy in Eastern China showed his love for his friends by gifting them small pieces of his mother's gold necklace. Reportedly, the parents came to know about the incident a month later when the kid's sister told them that a student had mentioned the costly gift to her.

The incident left the mother both angry and amused, according to the South China Morning Post (SCMP). The father, on the other hand, beat him as a punishment.

The parents were unable to retrieve the gold and only found a small bit, local media reported. The boy, who said he wasn't aware of the value of the chain, couldn't remember whom he gave the gold bits to. He also couldn't r...