China Stocks Rise Most in Two Weeks on Bank Profits; Beiqi Falls

China’s stocks rose, driving up the benchmark index the most in almost two weeks, as higher earnings at Industrial & Commercial Bank of China Ltd. overshadowed lower-than-estimated profit at PetroChina Co.

ICBC, the nation’s biggest listed lender, and Industrial Bank Co., part-owned by a unit of HSBC Holdings Plc, advanced among lenders. Yunnan Baiyao Group Co., a manufacturer of traditional Chinese medicines, climbed the most in three years on higher profit. PetroChina, the country’s biggest oil company, sank 0.7 percent. Beiqi Foton Motor Co., China’s largest commercial-vehicle maker, slumped the most in two months after reporting a loss.