Fa Gao (发糕), also known as Chinese Prosperity Cake or Fortune Cake, is a popular steamed dessert often enjoyed during Chinese New Year. The name “Fa Gao” symbolizes “rising” or “prosperity” (发 meaning “to rise” or “grow”), making it a good luck treat. The cake has a light, fluffy texture and is slightly sweet, with a signature split top that signifies good fortune.