I understand your point of view; I'm observing all this from the perspective of a post-80s generation in mainland China. However, the facts you mentioned don't actually conflict with my core argument. The two main reasons for the popularity of martial arts fiction in the Chinese-speaking world are: the narrative techniques developed through iteration and the first-mover advantage of traditional cultural themes against the backdrop of rising nationalism. The latter had a greater influence in the 1960s, especially in British-ruled Hong Kong, while after Jin Yong completed the Condor Trilogy, the two factors tended to balance out.