Which 2015 market crash began when China’s Shanghai Composite fell sharply after its stock bubble peaked?

The story behind the answer

The 2015 market crash in China is known as the 2015 Chinese stock market crash. The Shanghai Composite had risen rapidly, reaching a 2015 peak before falling sharply in June and July.

Many individual investors had entered the market using borrowed money, or margin financing. When share prices began to fall, forced selling intensified the decline. Chinese authorities responded with measures including interest-rate cuts, restrictions on some share sales, and efforts to support major stocks.

The turmoil continued into August, when China changed the way the renminbi’s daily reference rate was managed. That currency move increased international concerns about China’s economic outlook and contributed to global market volatility. The “Black Monday” of August 24, 2015, was part of this broader turbulence.

The event was not a single global crash comparable in scale to 1987. It was a major Chinese equity-market collapse whose effects were amplified by concerns about China’s growth, currency policy, and links to commodity markets.

Source: Wikipedia · fact-checked Oct. 2026

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