Follow along as the next winner of the world’s most prestigious literature prize is announced in Stockholm
As the 2025 Nobel prize in literature approaches, betting markets are pointing to a tight race. Chinese avant garde writer Can Xue and Hungarian novelist László Krasznahorkai are currently joint favourites, both with 10/1 odds.
Can Xue, age 72, remains a perennial contender – she was also heavily tipped last year – and her experimental, boundary-pushing style has kept her in the spotlight. Krasznahorkai, aged 71, is likewise gaining traction, with his dystopian, melancholic novels enjoying recent translation awards.

