The losses in the second quarter of 2020 were mainly due to the losses recognized in Kingsoft Cloud as it was changed from subsidiary to the associate and recognized share of profit and losses using the equity method since may 8th, 2020, which was possibly offset the profit recognized in Cheetah Mobile as it disposed shares in certain investee company this quarter.
Take context from the input text and decide on the accurate relationship between 'Cheetah Mobile' and 'Kingsoft' from the options provided.
Options: stock exchange, position held, chairperson, owned by