Which 2015 Chinese market crash followed a steep fall in Shanghai-listed share prices?

The 2015–2016 Chinese stock-market crash followed a steep fall in Shanghai-listed share prices. After a powerful rally driven partly by retail investors and margin borrowing, China’s mainland equity markets began falling in June 2015.

The Shanghai Composite lost roughly one-third of its value between June and July. Authorities responded with measures including trading suspensions, restrictions on some share sales, and support for major stocks. A further global sell-off occurred in August after China’s currency was adjusted and concerns about economic growth intensified.

The episode was not the same as the 2015 Swiss franc shock or the 2016 global market turbulence. It centered on China’s mainland equity markets, though its effects spread internationally through concerns about Chinese demand, commodities, currencies, and global growth.