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A red envelope, red packet, lai see (Chinese: 利是; Cantonese Yale: laih sih), hongbao or ang pau (traditional Chinese: 紅包; simplified Chinese: 红包; pinyin: hóngbāo; Pe̍h-ōe-jī: âng-pau) is a gift of money given during holidays or for special occasions such as weddings, graduations, and birthdays. [1]
But as everyone who celebrates the Lunar New Year knows, there’s one more red, shiny holiday gift (or envelope) to open on…well, sometime between January 21 and February 20.
The Welcome to Chinatown team says that "perhaps the best part of Chinese New Year" is the "handing out and receiving envelopes stuffed with money, called Hóngbāo (紅 包) or Lì shì (利是)."
In addition to red envelopes, typically given from older individuals to younger ones, small gifts such as food or sweets are exchanged between friends or relatives from different households during Chinese New Year. These gifts are often brought when visiting friends or relatives at their homes.
Lunar New Year 2023 (the year of the rabbit) began January 22. What to know about its traditions, superstitions, decorations, and celebrations.
A hongbao, a red envelope stuffed with money, now frequently red 100 RMB notes, is the usual gift in Chinese communities for Chinese New Year, birthdays, marriages, bribes, and other special occasions. The red color of the packet symbolizes good luck.