Chinese Antiques

Jade Bangle Round

What do these Jade Bangles stand for? (link inside)?

I’ve always seen middle aged-elderly woman wearing these green Jade bangles
Like these:http://jadebanglebracelets.com/500/jade-bangle-jbb522.jpg
I have a red one like this one: http://www.traderscity.com/board/userpix7/5365-round-blood-jade-bangle-1.jpg
And what do they represent/stand for?
And do the colors represent different things?
Thanks :3

http://www.gemstonegifts.com/stones/jade.htm

This is what i found Nyappy-Chan…

58mm Estate 70′s Natural A Grade Untreated Chinese Jadeite Old Jade Round Bangle $398.00

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