English Translation: From left to right> 1. No Ominousness Here 2. Wealth and fortune in abundance 3. Smooth Sailing 4.Treasures Overflow Every Year. Red banners with New Year messages of good luck decorate the main entrance of your house/room and various part of your home. Red is a very lucky color and symbolizes vitality of life and happiness. Normally the Chinese will keep these red banners inside their home throughout the year.