Banks eye offering opportunities

The resumption of China's initial public offerings is opening opportunities for investment banks both within and outside the country after a depressing 2013.

China's onshore exchanges, based in Shanghai and Shenzhen, could see 300 public listings in 2014, with total fundraising reaching 250 billion yuan ($41 billion), a PricewaterhouseCoopers report said.

That means investment banks could share a slice of a big pie worth 17.5 billion yuan, if calculated using the usual commission fee of 7 percent of the total fundraising.