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 colour symbolises good fortune and joy. Hongbao can be ...

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.