Which 2015 market collapse followed a rapid rise in China’s mainland stock indexes?

The 2015 Chinese stock market crash followed a rapid rise in China’s mainland stock indexes.

China’s Shanghai and Shenzhen markets surged during the year, encouraged by easier credit, new investor participation, and strong optimism about economic growth. The Shanghai Composite Index reached a 2015 peak on June 12 before falling sharply. The decline accelerated in July and August as leveraged investors faced pressure to sell and confidence weakened.

China’s authorities responded with measures including trading restrictions, support for purchases, limits on some share sales, and investigations into market activity. The turbulence continued into 2016, when sharp opening declines triggered circuit breakers that were quickly abandoned.

The episode was not the same as the 2008 global financial crisis. China’s stock market turbulence occurred alongside concerns about slowing growth, but its market decline did not represent a single worldwide crash of the same type.