China's tech giants may be reeling from the regulatory clampdowns imposed by the government, but they still have "a lot of value," according to veteran analyst Dan Ives. "I think China tech, there's a lot of value there when you look at Baidu , JD , Tencent and others.
has given "buy" ratings to Baidu, JD and Tencent. It has a target price of $168 for Baidu — giving it around 56% potential upside from its Oct. 25 close — and $38 for JD.com, or around 50% upside. has a 425 Hong Kong dollar price target on Tencent, giving it an upside of around 48%. Goldman Sachs , too, has a buy call on Baidu at a 12-month price target of $181 — giving it an upside of around 68% and 423 Hong Kong dollars for Tencent, or around 47% upside. — CNBC's Arjun Kharpal contributed to this report.