Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

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Singapore’s Temasek Holdings, one of the world’s largest sovereign wealth funds, opened positions in two of China’s leading autonomous driving companies in the third quarter of this year.The state-owned company bought about 1.4 million shares of WeRide and 14,500 shares of Pony.ai in the September quarter, according to its 13F filings released on Friday. The total value of the shares was around US$13.7 million.Temasek has a history of investing in autonomous driving companies. These included...