They also raised money back in 2014 using clearly ICO for Antshare. I don't know how they will not have any impact of People's bank of China. I am also double minded now and have sold out large portion of my NEO tokens already. I have kept some portion in case things looks good and can be fixed somehow to not regret later. I have secured my investment to be honest.
The most immediate threat to NEO and other ICO tokens is delisting from Chinese exchanges, if this happens then it will significantly reduce the trade volume.
This is apparently a direct translation from the Announcement by the Chinese authorities
Starting from the date of this announcement, any so-called token exchange platform shall not:- Be involved in offering exchange services between fiat currency and tokens
- Buy or sell tokens for cryptocurrencies, or act as a central party facilitating the trading of tokens for cryptocurrencies
- Provide price bidding or middleman service for the exchange of tokens for cryptocurrency.
For any token exchange platform that violates the law or regulation, financial authorities will request:- The telecommunication department to shut down its website and mobile application.
- The Cyberspace Administration of China to delist its mobile application from app stores.
- The State Administration for Industry and Commerce to discard its business license.
Source https://www.coindesk.com/chinas-ico-ban-a-full-translation-of-regulator-remarks/