This paper presents a study of Xiangtu (literally, ＂Native Soil＂) and Wenyi Shiji (＂The Literature Century＂), two Hong Kong publications of the 50s and 60s funded by the Overseas Chinese Commission of the Chinese Communist Party. It analyzes their positioning in pivoting to Nanyang ＂the Southern Seas＂ (a place name, roughly corresponding to the Southeast Asia) during the Cold War period, as well as its determining influence on the formation and change of their features and content. The two publications had the same funding source and target customers, and their lineups of writers often overlapped. Further comparison reveals how they nonetheless varied at different times as a result of having different chief editors and editorial policies, which involved the varying stances and horizons on the part of the editors. The final part of this paper proposes that the ＂leftist＂ writers of Hong Kong came up with their literary creation that has been, for a relatively prolonged period of time (especially during the 50s and 60s), adopted with a downright vision of Southeast Asia, instead of a vision of Hong Kong-the city merely served as an export powerhouse and intermediary port. The ＂Hong Kong elements＂ acquired by the readers of today were once an outcome of a construction targeted for the Southeast Asian readers.