There's a more recent tweet than that article by BTCC exchange that says they are closing on 30th of september:
https://twitter.com/YourBTCC/status/908285586368167936I guess this is why the market is panicking. Well, looks like it's finally happening, at least BTCC is closing on its own. Hopefully the market absorbs the news and realizes how it's not the end of the world. We don't need communist china to make Bitcoin go to the moon so who cares. Oh and rich chinese oligarchs will continue buying BTC OTC, don't doubt that.