Which 2015 Chinese stock-market crash followed a rapid rise and regulatory efforts to stabilize share prices?

The Chinese market episode following a rapid rise and stabilization efforts was the 2015–2016 Chinese stock-market turbulence.

Chinese shares rose sharply from mid-2014 into June 2015, with substantial participation by individual investors and widespread margin borrowing. The Shanghai Composite Index reached a major peak on June 12, 2015. Prices then fell rapidly, creating losses and prompting authorities to introduce measures designed to support the market.

The government response included restrictions on some share sales, support from state-linked institutions, investigations, and temporary changes to initial-public-offering activity. A major sell-off returned in January 2016, when trading halts known as circuit breakers contributed to market disruption and were quickly abandoned.

This episode is often called the Chinese stock-market crash, but the more precise reference is the 2015–2016 Chinese stock-market turbulence. It should not be confused with the 1997 Asian financial crisis, which began with Thailand’s currency collapse.