Goldman Sachs downgraded Fosun Property Trust to "Neutral" with a target price of 2.23 Singapore dollars.

Goldman Sachs analyst Tan Xuan downgraded Fung Shu Industrial Trust's rating from "buy" to "neutral". The target price is set at 2.23 Singapore dollars, a 14% increase from the previous trading day. Fung Shu Industrial Trust's quarterly earnings, released on April 30, exceeded expectations, but sales were below expectations.