<span style="vertical-align: inherit;"><span style="vertical-align: inherit;">The giving and receiving of red envelopes, or hongbao, are a beloved custom during Chinese New Year. These red packets, filled with money, symbolize good luck and prosperity for the recipient. The amount of money inside is often chosen based on its numerology; even numbers are preferred, as odd numbers are associated with funerals. Giving hongbao is a gesture of </span></span>Chinese new year 2025 passing on blessings and ensuring that the recipient enjoys a year of good fortune.