Lucky money envelopes—called lai see in Cantonese and hong bao in Mandarin—are given to children and, in some places, seniors in the first two weeks of the Lunar New Year, up until the first ...

ByteDance, the parent company of TikTok and Douyin, will end the Lunar New Year tradition of giving red packets to employees from 2026, but will expand medical insurance for staff, according to an ...