What is ang paos?

Here's some information about ang paos, formatted in Markdown with the requested links:

Ang Pao (Red Envelopes)

Ang paos, also known as red envelopes or red packets, are traditional monetary gifts given during special occasions, most notably during Chinese New Year and weddings. The red color of the envelope symbolizes good luck and prosperity, warding off evil spirits according to tradition.

Significance

The act of giving ang paos signifies sharing happiness and blessings. The money inside is not just about the amount; the gesture is more important. The envelope itself is considered a symbol of good fortune.

Who Gives and Receives Them?

Generally, married individuals give ang paos to unmarried younger relatives, children, and close friends.
Employers may also give ang paos to their employees.
Elders sometimes give ang paos to younger, unmarried individuals as a blessing.

When are they Given?

The most common occasion is Chinese New Year.
They are also given at weddings, birthdays, graduations, and the birth of a baby.
Other celebrations where ang paos might be given include the opening of a new business or moving into a new home.

Etiquette

Always use fresh, crisp bills. Avoid giving coins, if possible.
The amount given often depends on the relationship with the recipient and the occasion.
It is considered impolite to open the ang pao in front of the giver.
Always use two hands when giving or receiving an ang pao as a sign of respect.
Amounts with the number 8 are considered particularly lucky, as "8" sounds similar to "prosperity" in Chinese. Avoid amounts with the number 4, as "4" sounds similar to "death".

Modern Variations

With the rise of technology, digital ang paos are becoming increasingly popular, especially through mobile payment apps. While the method of delivery may change, the sentiment and tradition remain the same. The cultural meaning behind Monetary Gifts in general remains strong.