HONG KONG -- Chinese ride-hailing giant Didi Chuxing heads for a landmark U.S. listing today, hoping its willingness to curb early expectations will help it avoid a first-day disappointment for investors.
Representatives of the company, backed by Softbank Group's Vision Fund and Tencent Holdings, got a shock during their two-week premarketing campaign, when they had hopes of swinging a $100 billion valuation similar to that of global rival Uber Technologies.
