Which 2015 Chinese market crash followed the bursting of a stock bubble that peaked in June?

The Chinese market crash that followed a stock bubble peaking in June 2015 was the 2015–2016 Chinese stock market turbulence.

China’s mainland share markets rose sharply in the year before June 2015, helped by margin borrowing and strong participation from individual investors. The Shanghai Composite Index reached a closing peak of 5,178.19 on 12 June 2015. Prices then fell rapidly, and the turbulence continued into early 2016.

Authorities responded with trading suspensions, restrictions on some forms of selling, support for share purchases, and investigations into market activity. These interventions were intended to restore confidence but also raised questions about the role of government in China’s equity markets.

The episode is often shortened to the “2015 Chinese stock-market crash,” but the broader historical label includes turbulence through 2016. It should not be confused with China’s 2007–2008 stock decline, which followed an earlier market boom and began before the 2015 bubble reached its peak. The crisis also influenced global markets because China had become central to investor expectations about world economic growth.