"Hongkong Youth", founded by Huang Shizhong-a revolutionary propagandist in late Qing Dynasty, was actively engaged in publicizing the overthrowing Qing Dynasty to the mass. It combined anti-Manchu with republican revolution, taking the national-democratic revolution as the prerequisite of resistance of the foreign aggression and salvation of the nation, which elucidated and supplemented the revolution and the cultivation of "new people" as a whole. Its revolutionary propaganda, on the one hand, played a positive role in calling on people to participate in overthrowing Oing Dynasty, and advancing the revolutionary course; on the other hand, it showed some limitations in giving publicity to the "anti-Manchu" and lacked adequate cognition of the occidental powers intervention. Besides, it was also restricted by some external factors, such as the capital, the staff and etc.