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Did you find this article insightful? Topic: Banking. Across The Star Online.{/INSERTKEYS}{/PARAGRAPH} Article type: metered. Many firms that went public last year raised less than they had aimed for as investors pushed back against lofty valuations. But bankers hope some of the gloom will be lifted as many of the companies that went public last year return for additional capital, making less a year of jumbo IPOs and more of follow-on capital raisings and convertible bonds. Trending in Business. {PARAGRAPH}{INSERTKEYS}Sales down: A man takes a photograph of a stock board inside the Tokyo Stock Exchange. But bankers are optimistic the good performance of smaller IPOs, such as CStone Pharmaceuticals and Chinese broker Futu Holdings, will give investors confidence after the bleak performance of many newly-listed shares in Despite the headline-grabbing amounts raised in IPOs last year, many companies languished below their offer prices with Sino-US trade tensions keeping investors on tenterhooks. Bankers in Asia bet on follow-on capital raising. That will further drive follow-on activity, bankers said.