Which 2015–2016 market event saw China’s Shanghai Composite fall sharply after its June 2015 peak?

The 2015–2016 market event after the Shanghai Composite’s June 2015 peak is commonly called the Chinese stock market crash.

China’s Shanghai Composite Index rose rapidly during the first half of 2015, helped by investor enthusiasm, margin borrowing, and expectations of continuing economic growth. It reached a major peak on 12 June 2015. The index then plunged, losing more than 30% in roughly three weeks and continuing to experience severe volatility into 2016.

Chinese authorities responded with measures including trading halts, restrictions on some share sales, investigations of market activity, and efforts by state-linked institutions to support prices. The turbulence also affected international markets because China had become a major part of the global economy and a significant source of commodity demand.

This episode is often confused with the 1997 Asian financial crisis, which began with pressure on Thailand’s baht and spread across several Asian economies. The 2015 event centered on China’s equity market and followed a domestic stock-price surge.