Hongbao, or red envelopes, are traditional gifts in Chinese culture, typically given during celebrations like the Lunar New Year and weddings. These envelopes are usually filled with money and symbolize good luck, prosperity, and blessings for the recipient. The color red is significant as it represents happiness and good fortune. The practice of giving Hongbao varies by region and family tradition. In modern times, digital versions have emerged, allowing people to send red envelopes electronically through apps like WeChat. This evolution maintains the spirit of the tradition while adapting to contemporary lifestyles.