Which 2015 market crash saw China’s Shanghai Composite Index fall sharply after peaking in June?

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

Chinese mainland shares rose rapidly during the first half of 2015, attracting many individual investors and substantial margin borrowing. The Shanghai Composite Index reached a high on June 12, 2015. It then declined steeply as leveraged investors faced losses, economic growth concerns increased, and confidence in market-support measures weakened.

The turbulence intensified during the summer. On August 24, 2015, often called “Black Monday” in China, the Shanghai Composite fell 8.49 percent. The decline affected global markets because investors feared weaker Chinese demand and broader economic spillovers.

This episode is separate from the Asian financial crisis of 1997, which began with pressure on Thailand’s currency and spread across the region. It is also distinct from the 2000 dot-com crash, which centered on technology shares in the United States and other markets.