Online platforms share novel approach

Web novels in China have gained so much popularity in recent years that they are making their authors millionaires and helping their publishers to list on the stock exchange.

China Reading Ltd, a company founded in 2015 through the integration of the e-publishing platforms of Tencent and Shanda groups, was listed on the Hong Kong Stock Exchange in November.

The Chinese Internet Literature Association has released its top 100 list of the most influential writers for the past three years. In 2017, 80 percent of the authors on the list were published and represented by China Reading.