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Apolo V and TelyRx Set to Join Forces in Major Healthcare Tech Deal

Apolo V and TelyRx announce agreement to merge, creating a major new healthcare tech entity. Shareholder meeting rescheduled as deal advances pending approvals.

American States Water Delivers Strong 2025 Results: Earnings, Revenue, and Dividend Milestones

American States Water enjoyed strong 2025 results, posting higher adjusted earnings and revenues, major infrastructure investments, and its 71st straight year of raising dividends. Read the key financials, segment highlights, and expansion efforts.

Incap Makes Strategic Leap with Acquisition of Germany’s Lacon Group

Incap Corporation announces strategic acquisition of Germany’s Lacon Group, expanding its presence in the defense and electronics sectors in Europe. Find out the deal details, strategic implications, and expected outcomes.

The Evolution of Red Packets: A Lunar New Year Tradition

CultureThe Evolution of Red Packets: A Lunar New Year Tradition

The tradition of giving red packets, known as lai see in Cantonese and hong bao in Mandarin, dates back to the Han dynasty (206 BC – AD 220). Originally intended to ward off evil spirits, these vibrant red envelopes have since become a symbol of good fortune and prosperity during Lunar New Year celebrations.

Traditionally, married individuals and the elderly give red packets to younger relatives and unmarried individuals as a gesture of goodwill. The practice follows a hierarchical structure, where the flow of giving moves from “big to small,” “old to young,” and “senior to junior.” Beyond families, businesses have also embraced the custom, using red packets as a means of strengthening relationships and increasing brand recognition.

While the classic colors of red and gold remain dominant due to their association with luck and wealth, modern red packet designs have become increasingly creative. Companies now view them as an opportunity to showcase unique branding, blending cultural heritage with contemporary aesthetics.

Luxury brands, financial institutions, and corporations are innovating with intricate patterns, embossed textures, and unconventional color schemes, transforming red packets into collectible art pieces. Some incorporate metallic foiling, floral motifs, zodiac-themed illustrations, and even eco-friendly materials to align with sustainability trends.

Despite these evolving designs, the significance of the red packet remains unchanged—it symbolizes the spreading of joy, prosperity, and positive energy as families and businesses welcome a new year.

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