水: Rivers, streams, lakes, and seas collectively. It metaphorically signifies that when conditions are ripe, tasks will be accomplished smoothly.
宝: The character "宝" originally served as a general term for jade artifacts, later extending to denote all manner of precious items. In names, it often conveys a sense of nobility and rarity.
Meaning: Water symbolizes wisdom and tolerance, while 'Bao' signifies preciousness and wealth, together representing the precious combination of wisdom and wealth.