China’s stocks rose, with the benchmark index capping its biggest weekly gain in a month, as the central bank endorsed the flow of funds into shares and coal companies surged on a government pledge to curb oversupply. Yanzhou Coal Mining Co. rallied by the 10 percent. Ping An Bank Co. climbed 2.7 percent. China Southern Airlines Co. and Air China Ltd. advanced more than 6 percent. The Shanghai Composite Index climbed 0.7 percent to 3,372.91 at the close, extending its increase this week to 4.1 percent. People’s Bank of China governor Zhou Xiaochuan said at a press conference on Thursday he disagreed with the view that credit funds flowing to the equity market aren’t helpful to economic growth. The CSI 300 Index added 0.7 percent. Hong Kong’s Hang Seng China Enterprises Index advanced 1.3 percent and the Hang Seng Index gained 0.1 percent. The Bloomberg China-US Equity Index, the measure of the most-traded U.S.-listed Chinese companies, added 0.2 percent in New York on Thursday. Stocks rallied Thursday after data showed growth in aggregate finance and money supply exceeded estimates, while figures earlier in the week showed industrial output, retail sales and fixed-asset investment trailed projections. Source : Bloomberg