Cheetah Mobile's 15min chart shows KDJ Golden Cross and Bullish Marubozu signals.

Based on the 15-minute chart, Cheetah Mobile's KDJ indicator has formed a golden cross, which is a bullish signal. This is supported by the bullish Marubozu candlestick pattern observed on September 23rd, 2025 at 10:45. This suggests a shift in momentum towards the upside, with potential for further price appreciation. As buyers continue to dominate the market, it is likely that the bullish momentum will persist.

The S&P Asia 50 ADR Index closed up 0.23% at 2,652.81, driven by robust performances from LG Display and Eason Technology Asian ADR Index Edges Up As LG Display Leads^[1]. LG Display's stock jumped 9.4% due to increased demand for display panels, while Eason Technology and 17 Education & Technology Group also saw significant gains. These advancements reflect a firm momentum in consumer lending and education sectors. Meanwhile, mixed performances from tech and fintech names like Cheetah Mobile and PLDT were observed, with some companies experiencing declines. The overall index performance underscores the varied fortunes of Asian listed companies, indicating that investors remain interested in the region's growth stories despite broader cautious sentiment.

Key factors influencing the index's performance include selective optimism among investors, who are cherry-picking stocks with strong fundamentals. For instance, LG Display's performance highlights the growing demand for display technology, while Eason Technology's gains reflect a robust consumer lending sector. Conversely, the index's modest uptick amidst mixed signals suggests a cautious approach from investors, who are also looking at defensive sectors like IT and healthcare. The broader market sentiment remains cautious, with individual company updates and the US view on emerging markets shaping momentum.

The performance of the Asian ADR Index also underscores the sector strengths of Asia's listed companies. Despite global interest rate uncertainty and an uneven tech landscape, Asian companies are leaning into innovation across manufacturing, finance, and digital services. This diversity in sector leaders underscores Asia's expanding role in global supply chains and digital growth. The index's resilience, even with tighter US financial conditions and choppy tech results, indicates that long-term investors remain invested in Asia's story.

In summary, the S&P Asia 50 ADR Index's recent performance highlights the varied fortunes of Asian listed companies and the continued interest of investors in the region's growth stories. The index's uptick, despite mixed signals, reflects a cautious but selective optimism among investors, who are focusing on strong fundamentals and sector strengths.