A hóng bāo (red envelope) is a traditional Chinese gift containing money, typically presented during holidays like Spring Festival, weddings, or other auspicious occasions. The color red symbolizes good fortune and prosperity, while the word bāo literally means 'envelope' or 'packet'. Together, hóng bāo refers specifically to this culturally significant monetary gift—not just any red-colored package.

Red envelopes are usually given by elders to children or unmarried adults as a blessing for health and luck in the new year. They are also exchanged at weddings, where guests present them to the couple as a gesture of goodwill and financial support. Modern usage includes digital versions via apps like WeChat Pay, but the cultural meaning remains unchanged: generosity, respect, and hope for a prosperous future.