The lucky money in the Hongbao is called Ya Sui Qian. Ya means suppress; one Chinese character with pronunciation of Sui means devils; Qian is the word for money in Chinese language. To put together, Ya Sui Qian means the thing that can suppress devils and maintain kids in peace and safety for a whole year.
In some southern area, particularly in Guangdong province, Hongbao is called Lishi. And there is a saying that kids would say when asking for a Hongbao, Gong Xi Fa Cai Hongbao Na lai, wish you make plenty of money in the new year and please hand me a Hongbao.
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