Which 2015 crash saw China’s Shanghai Composite fall sharply after its bubble peaked in June?

The 2015 crash in which China’s Shanghai Composite fell sharply after its bubble peaked in June was the Chinese stock market crash.

China’s mainland share market had risen rapidly during the year leading to June 2015, supported by heavy participation from individual investors and substantial margin borrowing. After the Shanghai Composite peaked on 12 June, prices reversed and volatility surged.

Chinese authorities responded with measures including trading suspensions, restrictions on some share sales, and efforts to support major stocks. The turmoil also affected global investor confidence, although its economic effects differed from those of a banking-system collapse.

The episode is often described as the 2015–2016 Chinese stock-market turbulence because the market experienced several waves of selling. It should not be confused with China’s later property-sector stress or the 2015 renminbi exchange-rate adjustment.