Lunar New Year, also known as Chinese New Year, is a significant celebration in various East Asian countries, including China, South Korea, and Vietnam. January 29, 2025, marked the start of the new year which is based on monthly cycles of the moon’s phases. Celebrations culminate with the Lantern Festival on February 12, 2025. This entire period is rich with traditions, including the custom of giving red envelopes.
A "hong bao," which translates to "red envelope" in Chinese, is a traditional practice where elders give money-filled red envelopes to younger family members, particularly during Lunar New Year, symbolizing good luck, prosperity, and well wishes for the new year. The red color itself signifies happiness and wards off evil spirits.
Wescom will continue its annual distribution of red envelopes, expressing our desire for the recipient’s well-being and happiness for the year ahead. Join us in celebrating the Lunar New Year by picking up your red envelope at a nearby branch location through February 12, 2025, while supplies last.