It is a traditional way to wish good luck and share blessings.
Chinese new year money envelopes.
During the chinese new year holiday in 2014 the messaging app wechat introduced the ability to distribute virtual red envelopes of money to contacts and groups via its wechat pay platform.
Chinese new year 2020 is the year of the rat and falls on january 25th.
On this day the year of the dog closes and we will begin the year of the pig the twelfth sign of the chinese zodiac.
Occasions for red envelopes.
Lunar new year is around the corner this year falling on february 5.
They are traditionally given to wish a healthy and happy new year.
At some companies workers may also receive a year end cash bonus tucked inside a red envelope.
During chinese new year money is put inside red envelopes which are then handed out to younger generations by their parents grandparents relatives and even close neighbors and friends.
The launch included an on air promotion during the cctv new year s gala china s most watched television special where viewers could win red envelopes.
But red envelopes are not limited to chinese new year.
It is common to give a red envelope during some special occasions such as a wedding graduation the birth of a baby or a senior person s birthday.
It is a chinese new year gift with money stuffed into red paper to kids.