Lucky money envelopes—called lai see in Cantonese and hong bao in Mandarin—are given to children and, in some places, seniors in the first two weeks of the Lunar New Year, up until the first ...

according to TVBS and UDN Money. These envelopes given on New Year's Eve, which falls on Jan. 28 this year, symbolize “pressing down the Sui” to ensure a safe and prosperous year. They can also be ...

Traditionally, people give out red envelopes with money and light fireworks after dinner. The last day of the New Year is known as the Festival of Lanterns and marks the end of Chinese New Year ...

People dress in red attire, decorate their homes with red paper lanterns and use red envelopes to give loved ones and friends money for the new year. Gambling and playing traditional games is ...