Some of the personal financial and property information of about 400 Macao officials was made public on Saturday by the region's court of final appeal.

Among the officials were Macao Chief Executive Fernando Chui Sai On, other government leaders, 33 legislators, 85 judicial officials and some State-owned company bosses, Nandu Daily reported.

The information available by pdf download at the official website court.gov.mo includes property, land, shares, investments and positions at non-profit organizations.

Macao revised its official property declaration system at the beginning of this year, regulating that officials, legislators and State-owned company managers should report their assets.

Macao officials must report their housing property and its use without mentioning location or price. Officials who invest in companies must release the size of that investment, the registered capital of the company and their position in the company.

Fernando Chui Sai On has three houses, one apartment for his residence, a two-storey house for rent in Macao and one on the mainland for rent, as well as three car parking slots. He also holds a position as the chancellor of the University of Macao, according to the website.

Of 10 government leaders listed,  Ho Weng On, director of auditing, owned seven houses. Ho also has four parking slots, three of them available to rent.

Customs commissioner-designate Choi Lai Hang had no houses and no shares.

Officially the richest is Leong On Kei, legislator. She owns 52 houses and 11 parking slots. She also has shares in 30 companies home and abroad. She has a 10 percent share of Macao Slot at a market value of more than $14.7 billion. She holds positions at more than 70 non-profit organizations.

Legislator Chan Meng Kam possesses the most housing of all officials, including 320 houses and 87 parking slots. He is a shareholder in 110 companies and holds positions at about 20 non-profit organizations.

Disclosing government officials' assets is an effective way of fighting corruption, said Lin Zhe, a professor at the Party School of the Central Committee of the Communist Party of China in Beijing.

Officials' assets have been disclosed in other regions of China. Nansha district of Guangzhou, Hengqin district of Zhuhai and Shixing county of Shaoguan, all in Guangdong Province, required officials to disclose their assets in 2012.

There are flaws in disclosure systems, Lin told the Global Times. High-ranking officials do not disclose their assets and officials who lie in their disclosures generally go unpunished.

All government officials including their spouses and children should disclose their assets and authorities should punish dishonest officials, he believed. South Korean officials can be sentenced to three years in prison for lying in their asset reports, Lin said.

China still has a long way to go toward building a mature official assets disclosure system, said Peng Xizhe, director of the State Innovative Institute for Public Management and Policy Studies at Fudan University in Shanghai.

Traditionally the system lacks transparency and it takes time for officials to accept disclosure, he told the Global Times.

Detailed regulations should be made, such as who should disclose their assets, what kind of assets should be disclosed, how to assess the value and how to define legal and illegal income, Peng said.