SHENZHEN announced eight major financial crime cases yesterday. But no details were released except the names of eight high-ranking officials in Shenzhen's banking, government and government-owned enterprises charged with corruption or bribery. A dispatch from the semi-official Hong Kong China News Agency (HKCNA) said the municipal procuratorate authorities had investigated 133 corruption and bribery cases, involving 163 people, in the first eight months of this year. Eighteen of the cases involved vice-director grade officials. A total of 106 people had been arrested and 73 charged over embezzlement of 40 million yuan (HK$36.1 million). Among the people charged with serious corruption are Luo Jinyao, general manager of the estate and development company of the Bank of Industry and Commerce, and his colleague, Zhang Shaoxiang, vice-general manager of the company, the HKCNA said.