RedPackets
GivingHongbao(redpacketsorredenvelopes)duringtheChineseNewYearisanothertradition.
Aredpacketissimplyaredenvelopewithgiftmoneyinit,whichsymbolizesluckandwealth.Redpacketsaresymbolicallyhandedouttoyoungergenerationsbytheirparents,grandparents,relatives,closeneighborsandfriends,andusuallytheimmediatefamilygivesHongbaotothechildrenonNewYear'sEve.Moneygiveninthiswaymaynotberefusedandtheprettyenvelopesmakethepresentseemmoreamiabilityandsincere.
ThemoneyisalsocalledYaSuiQian,meaning"suppressingagemoney",whichissupposedtostopchildrenfromgettingolder.ThiscomesfromthebeliefthateveryonebecomesoneyearolderonNewYear'sDay.Redistheluckycolorandwillbringgoodlucktothepersonreceivingthepresent.