This is hibiscus, a plant known as the "tropical rose", but of course you can still grow it in the Arctic if your garden has a glass enclosure. This plant has a bitter taste, so according to Asian medical experience, it can be used to treat wounds, and it's also very good for women when they're unwell. There's an Indian legend that says a little girl couldn't walk, so her elder sister was given a red umbrella by a fairy elder. The umbrella was magical ; when opened, the little girl could run. When the wind blew, the umbrella was blown into the garden and suddenly transformed into a hibiscus flower. This story immediately reminds me of a Russian tale, which might be helpful for understanding the details : Народные русские сказки (Афанасьев)/Сестрица Алёнушка, братец Иванушка (Sister Alyonushka, Brother Ivanushka).