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Chinese firm Didi's $4 bln IPO books covered on first day of bookbuild -sources June 24 (Reuters) - Chinese ride-sharing giant Didi Global Inc's $4 billion initial public offering (IPO) received enough investor demand to clinch its targeted price range on Friday, vindicating a lowering of valuation expectations, people familiar with the matter said. The listing in New York, which will be the biggest U.S. share sale by a Chinese company since Alibaba raised $25 billion in 2014, is expected to price on Tuesday, and the shares to start trading on Wednesday. Didi's indicated price range would give it a…
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