It goes without saying that to achieve our dreams, we must work hard. We’re met with responsibilities and obligations daily, most of which involve being financially abundant. While we toil, we can also use a bit of luck. This is where Kwun Yum or Guan Yin (觀音, Cantonese and Mandarin pronunciations, respectively), comes in. She’s known as Hong Kong’s Mother Goddess in the Taoist tradition and offers mercy and compassion when things get tough. On the 26th day of the first lunar month (February 23, 2025), people celebrate Kwun Yum Treasury Opening Festival (觀音借庫, kwun yum je fu) to seek monetary gains and achieve financial success.
What is Kwun Yum Treasury Opening Festival?
Kwun Yum Treasury Opening Festival is a significant festival in Hong Kong because this is the day when the goddess opens her treasury and people ask her for “loans.” Hongkongers celebrate this festival in hopes of seeking more fortune by borrowing imaginary money from Kwun Yum in the form of red paper notes. There is no limit to how much is too much, so some loans can be as high as in the millions!
How did Kwun Yum Treasury Opening Festival start?
In Hong Kong culture, most festivals begin with a legend and Kwun Yum Treasury Opening Festival is no different. The folklore story behind it denotes a dutiful son building a bridge for the public’s benefit. The son was birthed by a woman who was in trouble swept out at sea. To save her and her unborn child, she seeked Kwun Yum’s help. She promised the goddess that if she managed to escape the treacherous conditions and gave birth to a son, her son would contribute to societal good by building a bridge. The son grew up but lacked the financial means to build it.
Taken by his filial piety, Kwun Yum descended onto earth as a beautiful woman and sat perched on the son’s boat, proclaiming that she would marry whoever successfully struck her with a silver ingot. Many men tried, but none were successful. The piled ingots on the boat were then collected by the son to build the bridge, called Luoyang Bridge.
How to celebrate Kwun Yum Treasury Opening Festival?
Called Guan Yin in mainland China, Kwun Yum’s treasury opens at 11 pm on the 26th of the first lunar month. However, some eager crowds flock to the temples on the 25th day (15 February this year) to be the first to offer incense, even if it means waiting for hours on end outside the temple. Kwun Yum Tong on Tai Ping Shan Street in Sheung Wan is a popular place, as well as the Kwun Yum Temple in Hung Hom where the rowdiest yet exciting festivities occur.
Kwun Yum Treasury Opening Festival traditions include praying, burning incense, and participating in a lucky draw of red notes, which is where visitors can secure the symbolic money, or luck, to fulfil their monetary wishes. The paper notes usually have the loaned amount and lucky Chinese characters written on them. It’s important to note that these loans must be returned through worship and/or donations by the time the next new year approaches if the borrower wants to secure further loans. Besides getting the loans, people make donations to the temples, purchase lucky items like ingots and paper money, and take home red envelopes filled with nuts and other auspicious snacks for good luck.
FAQ about Kwun Yum Treasury Opening Festival
What is the meaning of Kwun Yum Treasury Opening Festival?
Who is Kwun Yum/Guan Yin?
When did Kwun Yum Treasury Opening Festival start?
Other traditional Chinese festivals: Lunar New Year — Lunar New Year Fair — Birthday of Che Kung — Chinese Lantern Festival — Kwun Yum Treasury Opening Festival — Ching Ming Festival — Tin Hau Festival — Cheung Chau Bun Festival — Buddha’s Birthday — Birthday of Tam Kung — Dragon Boat Festival — Birthday of Kwan Tai — Qixi Festival — Hung Shing Festival — Hungry Ghost Festival — Mid-Autumn Festival — Monkey King Festival — Birthday of Confucius — Chung Yeung Festival — Winter Solstice Festival.
Header image credits: kemmudsudsakorn via Canva