ICO is banned in China, does this mean that Chinese money will go to Ethereum tokens (Golem, Lisk, TIME...)?
It means we are all going to suffer due to chinese people panic-selling almost all the crypto they have. Look at the trading platforms and you will see how this chinese people are dragging the rest of the alts and bitcoin down. The government is not only after ICOs, they are also after exchanges. This will get the stability soon though after the market adjusts.