Beijing, Shawwal 22, 1436, August 07, 2015, SPA -- China stocks rose on Friday as state media tried to coax wary investors back into the market, indicating trillions of yuan funds were available to deploy to boost the market, according to Reuters. The CSI300 index rose nearly 2 percent for the day to 3,906.94, ending the week up 2.4 percent, its biggest weekly gain since July 10. The Shanghai Composite Index gained 2.3 percent to 3,744.41, ending the week up 2.2 percent in its best week since July 24. Close to 300 China funds that oversee more than 1 trillion yuan ($161 billion) are sitting on the sidelines with "ammunition" to enter the stock markets at any time, the Shanghai Securities News reported on Friday, citing its own calculations. The Chinese government agency tasked with buying stocks to prop up the country's wobbling markets is seeking an additional 2 trillion yuan ($322 billion) in funds, according to a Bloomberg report. In the weeks since mid-June, A shares have lost more than 26 percent of their value. --SPA 11:21 LOCAL TIME 08:21 GMT www.spa.gov.sa/w