The character 望 (wàng) means "hope," "expectation," or "to look into the distance." It frequently appears in compounds such as 希望 (hope), 失望 (disappointment), and 期望 (expectation). On its own, it carries a literary or formal tone.
父母对孩子总是抱有很大的期望。
Fùmǔ duì háizi zǒngshì bào yǒu hěn dà de qīwàng.
Parents always have high expectations for their children.
听到这个消息,他感到非常失望。
Tīngdào zhège xiāoxi, tā gǎndào fēicháng shīwàng.
Upon hearing this news, he felt very disappointed.
我们对未来充满了希望。
Wǒmen duì wèilái chōngmǎn le xīwàng.
We are full of hope for the future.