As the Chinese New Year draws near, the Hong Kong Monetary Authority (HKMA) encourages the public to use good-as-new notes, instead of brand-new ones, for lai-see.
The HKMA has been promoting the use of good-as-new notes for lai-see since 2006 to help protect the environment. Good-as-new notes are perfectly suitable for use as lai-see, given that Hong Kong's currency notes are maintained at a high standard of cleanliness.
The three note-issuing banks will start exchanging new notes on 24 January. As in previous years, they will provide sufficient new and good-as-new notes to meet demand for notes.
Hong Kong Monetary Authority
19 January 2011