The general manager of Shanghai Land Holdings and four others have been charged for alleged manipulation of the company's share prices and embezzlement of its funds.

The defendants are Mo Yuk-ping, 41, general manager of Shanghai Land; Chung Sau-ling, 30, personal assistant to Mo; Sammy Lam, 41, and Cheung Pak-yau, 44, both brokers; and Gong Bei-ying, 29, director of Shanghai Land. 

They will appear in Western Magistracy Tuesday in two separate cases.

Mo, Chung, Lam and Cheung face a total of seven charges over share price manipulation, including one count of conspiracy to defraud, three of conspiracy to pervert the course of public justice, and three of knowingly making a false statement. The alleged offences took place between June 1 last year and May 31.

Gong faces one count of theft and one of false accounting involving $53 million belonging to a subsidiary of Shanghai Land. The alleged offences took place on April 4. She further faces one count of conspiring with Mo and two others to pervert the course of public justice on May 29, over a Securities & Futures Commission inquiry.

The five were arrested by the ICAC during a corruption inquiry in June.