The Year of the Rabbit will be ushered in less than half a month. Although the younger generation prefers to use e-wallets to distribute laisees, physical laisees are still the mainstream among the private sector. In recent years, banks have focused on attracting high-end wealth management customers and continue to “cut heavy capital” for private purposes. Silver customers print luxurious and exquisite lai see envelopes, and online auctions are available at prices, and the asking prices are even more “seafood prices” every day.
Take HSBC’s 2023 edition of private bank lai see envelopes as an example. A set of 20 long lai see envelopes, together with the red pouch accessories for the lai see, fetched up to 700 yuan in the online platform “carousell” yesterday.
It is understood that the cover of HSBC Private Bank Lai See is made of smooth, delicate and thick “touch paper”. This kind of paper is usually used for high-end packaging. The cover of Lai See is designed with koi and peony flowers.
In addition, Citi Private Bank has a set of 160 long and short lai see packets. Someone asked for 800 yuan on the Internet, but it has dropped to 550 yuan. UBS has a set of 118 lai see envelopes (including long version, square version and rich cat version), and the asking price is as high as 680 yuan.
HSBC, Citigroup and UBS have thresholds for opening accounts for private banking clients, with asset requirements of at least US$3 million, US$5 million and US$2 million respectively.
Ling Tong
