China's stock market crashed on May 28th, 2015. ANBOUND research team points out that this plunge is the beginning of the adjustment of China’s stock market. But the future trend isn’t sure yet. There are two possibilities. First, the stock market becomes stable after a short-term fall. In this case, the loss of investors and the social fluctuations will be relatively small. Second, the disaster of stock market happened in 2007 will recur. The stock index will enter a long period of fall. Which of the two trends will become true depends on the adjustment and selection of policies.