Which Chinese stock exchange benchmark fell about 8.5% on August 24, 2015?
Answer
Shanghai Composite
Answer
Shanghai Composite
The Shanghai Composite fell about 8.5% on August 24, 2015, during China’s 2015 stock-market turbulence.
The Shanghai Composite tracks shares listed on the Shanghai Stock Exchange. After a powerful rally that began in 2014, Chinese equities entered a sharp decline in the summer of 2015. Concerns included slowing economic growth, highly leveraged trading, falling commodity prices, and uncertainty about government market interventions.
On August 24, later nicknamed Black Monday, the Shanghai Composite dropped 8.49%. The sell-off spread through global markets, although the Chinese index’s decline was part of a broader episode rather than a single worldwide crash. Further volatility followed in 2016.
The Shanghai Composite is often confused with the Shenzhen Composite or Hong Kong’s Hang Seng Index. They measure different markets and should not be treated as interchangeable indicators of Chinese equities.
Source: Wikipedia · fact-checked Oct. 2026