Short term: people without knowledge about what ICO’s are, will sell NEO frantically. Because they’ll think that China banned NEO.
Chinese ICO ban will help NEO in the long term.
Why?
Because if you buy some fake ICO and lose all your investment money on that ICO scam, then you won’t invest in the well established cryptocurrencies.
The ban will help rid of those nasty ICO ads:
(Buy now for 20% off, before it gets launched)
Hate ‘em.