China is playing a lot of pranks these days. First ICO ban, now Bitcoin exchanges ban. Someone is making a lot of money with this.
And for the second time in a row it happens during the weekend time, quite a coincidence

The ICO ban was on Monday, and was more official. This was based on hearsay, and happened late Friday night, which really is suspicious timing.
Yeah, the problem was the media making it look like it was the end of ICOs, while the ban list had ICOs that few people heard of.