The red envelope money, or yasui qian (Lunar New Year money) in Chinese, is an ancient tradition dating back to the Han Dynasty (206 BC-220 AD). It is given to the children and family elders on ...

Red envelopes, known as hongbao in Mandarin, are a cherished cultural tradition in China and many other parts of Asia. In China, the vibrant red color symbolizes good fortune and joy. Hongbao can be ...

Lucky money red envelopes are to Lunar New Year what presents are to Christmas—as a kid, they were the focal point for me (I’d gleefully count up all the cash I’d received from my elders at the end of ...

Four Cambodians were crushed to death on Jan. 23 in a stampede for red envelopes containing money, which a prominent business tycoon offered as a goodwill gesture for Chinese New Year celebrations.