This book is a work of discussed Hong Kong literature history under colonial free capitalistic ideology. It is criticize used masters genre touches authors include popular literature, elite literature, left authors, right authors, aestheticism, realism, modernism, post modernism, feminism, popular authors and so on. It comprehensively reflects the feature of Hong Kong literature, and makes up the blankness of Chinese literature. This book also takes politics and economics. With time as a clue, it expresses the thought trend change of Hong Kong as an internationalized metropolis and is a discussion under worldwide background. Hong Kong is a commercialized metropolis and this book discourse upon the reason for the formation of commercial characteristics of Hong Kong culture, and literary status in a commercial society.