Which 2015 Chinese market event followed a major rise in Shanghai share prices and a sharp summer sell-off?

The 2015 Chinese stock market crash followed a major rise in Shanghai share prices and a sharp summer sell-off.

China’s mainland equity market rose rapidly from mid-2014 into June 2015, attracting many retail investors and encouraging margin borrowing. The Shanghai Composite Index reached a five-year high on June 12, 2015, before beginning a steep decline. By August, emergency measures were being used to support the market and limit forced selling.

The turmoil returned in 2016, when large falls triggered newly introduced circuit breakers. Those mechanisms were designed to pause trading during extreme movements but were suspended after they appeared to intensify selling by concentrating orders near the thresholds.

The episode is sometimes confused with China’s broader economic slowdown or with the 2015 global market volatility linked to concerns about commodities and emerging markets. It specifically refers to the dramatic decline in mainland Chinese share prices and the associated policy response.