Increasingly, though, it's hard to tell the difference, as China's “online literature” morphs into a US$1.3bil (RM5.49bil) industry. On Wednesday, China Literature Ltd, the country's biggest online publisher, will go public in Hong Kong, with a market value expected to exceed US$6bil (RM25.37bil). With the rise of social networks and the rapid proliferation of mobile phones in China, online serials became a full-blown phenomenon. Since 2012, the online literature market has been growing by more than 20% a year. And with 6.4 million authors and 9.6 million works on offer, China Literature is a good place to start looking.

Source: The Star November 08, 2017 01:52 UTC