货币市场日报：4月29日

Group 1: Monetary Policy and Market Operations - The People's Bank of China conducted a reverse repurchase operation of 340.5 billion yuan with a winning rate of 1.5% on April 29, resulting in a net injection of 120 billion yuan after 220.5 billion yuan of reverse repos matured on the same day [1] - The Shanghai Interbank Offered Rate (Shibor) showed mixed movements, with the overnight Shibor decreasing by 6.20 basis points to 1.5410%, while the 7-day Shibor increased by 2.50 basis points to 1.7480% [1] - The weighted average rates for DR001 and R001 in the interbank pledged repo market decreased by 5.1 basis points and 3.2 basis points, respectively, while DR007 and R007 saw increases of 3.4 basis points and 2.5 basis points [4] Group 2: Banking Sector Performance - Agricultural Bank of China reported a net profit of 71.93 billion yuan for Q1 2025, a year-on-year increase of 2.2%, with total operating income of 186.735 billion yuan, up 0.32% [11] - China Bank's Q1 2025 operating income was 164.9 billion yuan, reflecting a year-on-year growth of 2.41%, while net profit decreased by 2.9% to 54.36 billion yuan [12] - China Merchants Bank's Q1 2025 report indicated an operating income of 83.751 billion yuan, down 3.09% year-on-year, with a net profit of 37.286 billion yuan, a decrease of 2.08% [12] - Industrial and Commercial Bank of China reported Q1 2025 operating income of 204.688 billion yuan, down 2.61%, and a net profit of 84.156 billion yuan, also down 3.99% [14]