

The highlight comes on the last day (February 15).

For instance, people in Malaysia enjoy yeesang, or a “Prosperity Toss” of raw fish and shredded vegetables, whereas Cantonese people will eat sweet rice balls. The seventh day (February 7) is said to be the day when the Chinese mother goddess Nuwa created mankind and, thus, is called renri (the people’s birthday).ĭifferent communities in Asia will serve different birthday foods on that day. It’s believed that arguments are more likely to happen on this day, so people will visit temples and avoid social interactions. Day three of Lunar New Year (which falls on February 3 this year) is named “chi kou,” or red mouth. People are expected to visit relatives and friends in the early days of new year – except for the third day of the month. Though many Western nations refer to the Lunar New Year/Spring Festival holiday as Chinese New Year, bear in mind it’s celebrated not just in Chinese communities but in other Asian countries, including Vietnam and South Korea.Ĭountries that observe Lunar New Year often offer three to seven days of public holidays but celebrations aren’t complete until the 15th day of the first lunar month, also known as the Lantern Festival. The menu is carefully chosen to include dishes associated with luck, including fish (the Chinese word for it sounds like the word for “surplus”), puddings (symbolizes advancement) and foods that look like gold ingots (like dumplings). Chen Chuhong/China News Service/Getty ImagesĪ big family reunion dinner is usually held on Lunar New Year’s Eve, which falls on January 31 this year. It's assoicated with luck and prosperity. Red is the de facto Lunar New Year color. The aim here is to rid your home of any bad luck that’s accumulated over the past year. Then, a big cleanup is done in homes on the 28th day, which was January 30 this year. (If you haven’t prepared your own “go” yet, here’s an easy recipe for turnip cake, a beloved Lunar New Year dish.) The word for cakes and puddings is “gao” in Mandarin or “go” in Cantonese, which sounds the same as the word for “tall,” meaning eating them is believed to lead to improvements and growth in the coming year. On the 26th day of the last lunar month – January 28 this year – festive cakes and puddings are made. So how is the Lunar New Year traditionally celebrated? It all begins about a week ahead of the new year. Though the spread of Omicron has impacted the way people are celebrating this year, don’t despair and remember the unofficial #1 tip from the Lunar New Year rule book: Focus on the positive and only use auspicious language.

(In China, it’s also referred to as the Spring Festival.) Lunar New Year festivities can often last for up to 15 days, with different tasks and activities taking place over that period. Here’s a quick guide to the most common Lunar New Year traditions and superstitions, as well as insights from some of Hong Kong’s most established geomancers on what the Year of the Tiger might have in store. Though the pandemic continues to overshadow the occasion, with public festivities once again pared down or canceled in many cities, millions of families around the world will still be celebrating at home. Saying goodbye to the Ox, we enter the Year of the Tiger on February 1, 2022.

Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC).Dust off your pink, tiger-print jacket – it’s time to celebrate the Lunar New Year. We help investors stay up to date on global market trends and aim to provide meaningful diversification. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. Our suite of China focused ETFs provide investors with solutions to capture China's importance as an essential element of a well-designed investment portfolio. Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Shanghai, Shenzhen, and STAR Board – Closed Last Night’s Exchange Rates & Yields The 196 Chinese companies listed in Hong Kong within the MSCI China All Shares Index gained +0.57% led by discretionary +1.97%, tech +1.49%, health care +1.2%, and utilities +0.8%, while communication fell -0.49%, staples -0.48%, and real estate -0.14%. Volumes were off -47% from yesterday while breadth saw 32 advancers and 16 decliners. The Hang Seng overcame losses at the open to close up +0.45%/+134 index points at 30,173 in the half-day session.
