Figma's stock soared 250% on its first day! What other potential stocks are there in the AI application sector in the Hong Kong and U.S. markets?

The U.S. design software manufacturer $FIGMA INC (FIG.US)$ saw its stock price surge 250% on the first day of its IPO, and rise nearly 6% the following day, bringing its Market Cap close to $60 billion.

Figma's success has also drawn investors' attention more closely to AI applications, with other global niche AI applications also approaching their breakout points.

Meanwhile, Premier Li Qiang chaired a regular State Council meeting on July 31, which reviewed and approved the 'Opinions on Deeply Implementing the 'Artificial Intelligence + Action.' The meeting stressed the need to deeply implement the 'Artificial Intelligence + Action,' and vigorously promote the large-scale commercial application of artificial intelligence.

Looking ahead to August, GPT-5 is expected to be released, marking two years since the launch of GPT-4 (released in 2023) and representing a significant iteration. This update is seen as an important milestone in the AI large model field, occurring every 2-3 years. The market generally expects this to significantly enhance global and domestic AI application levels, with AI applications poised for a comprehensive explosion.

So, which companies in the Hong Kong and U.S. stock markets are worth watching? Futubull has compiled a list of relevant AI software stocks for investors to reference:

U.S. Stocks

On Figma's first day of trading, Cathie Wood bought 60,000 shares. In fact, software is considered one of the most important areas for the practical application of artificial intelligence.

The 2025 World Artificial Intelligence Conference (WAIC) shows that the application scenarios for artificial intelligence are rapidly expanding, with its effectiveness significantly improving. The path to commercialization is becoming increasingly clear, and the future growth potential in the fields of AI applications is substantial.

Specifically, the current AI application stocks in the U.S. market include:

AI + Design: $Figma (FIG.US)$ 、 $Adobe (ADBE.US)$ ；

AI + Defense: $Palantir (PLTR.US)$ 、 $BigBear.ai Holdings (BBAI.US)$ ；

AI+Advertising: $Applovin (APP.US)$ 、 $Meta Platforms (META.US)$ 、 $谷歌-A (GOOGL.US)$ 、 $Twilio (TWLO.US)$ 、 $The Trade Desk (TTD.US)$ 、 $Digital Turbine (APPS.US)$ 、 $Klaviyo (KVYO.US)$ ；

AI + Big Data: $Snowflake (SNOW.US)$、 $MongoDB (MDB.US)$ 、 $Confluent (CFLT.US)$ 、 $甲骨文 (ORCL.US)$ ；

AI + Security: $Palo Alto Networks (PANW.US)$ 、 $CrowdStrike (CRWD.US)$ 、 $飛塔信息 (FTNT.US)$ 、 $Datadog (DDOG.US)$ 、 $Cloudflare (NET.US)$ 、 $Rubrik (RBRK.US)$ ；

AI + Enterprise Services: $Zoom通訊 (ZM.US)$ 、 $UiPath (PATH.US)$ 、 $Workday (WDAY.US)$ 、$賽富時 (CRM.US)$ 、 $monday.com (MNDY.US)$ 、 $SAP SE (SAP.US)$ 、 $C3.ai (AI.US)$ 、 $HubSpot (HUBS.US)$ 、 $Gitlab (GTLB.US)$ 、 $Atlassian (TEAM.US)$ 、 $阿莎娜 (ASAN.US)$ ；

AI + Fleet Management: $Samsara (IOT.US)$ ；

AI + Search: $Elastic (ESTC.US)$ ；

AI + Office: $Freshworks (FRSH.US)$ ；

AI + Education: $多鄰國 (DUOL.US)$ ；

AI + E-commerce: $Shopify (SHOP.US)$ 、 $亞馬遜 (AMZN.US)$ ；

AI + Finance: $財捷 (INTU.US)$ 、 $Intapp (INTA.US)$ ；

AI + Data Engineering: $Innodata (INOD.US)$ ；

AI + Voice: $SoundHound AI (SOUN.US)$ ；

AI + Medical:$Tempus AI (TEM.US)$ 、$Doximity (DOCS.US)$ ；

AI + Social: $Reddit (RDDT.US)$ 、 $Life360 (LIF.US)$ ；

AI + Website: $GoDaddy (GDDY.US)$ ；

AI + Gaming: $Unity Software (U.US)$ 。

Hong Kong stocks

This year, with the continuous development of domestic AI technology and applications, AI-related core assets in the secondary market are undergoing a revaluation. From the perspective of Sino-US mapping, if there are companies in the Hong Kong stock market that can deliver on AI application performance, they are likely to experience sustained revaluation.

Orient noted that it is bullish on the growth of vertical AI product users and the acceleration of the commercialization loop in the second half of the year. Given the better overseas AI payment habits and willingness, the firm believes that companies with overseas AI application layouts should be given importance, as their commercialization may exceed expectations.

CITIC previously stated that the H20 unlocking is expected to boost CAPEX investment by leading vendors, combined with multiple catalysts from model iteration to application explosion, providing ample investment opportunities in the AI sector in the second half of the year.

Futubull has also, based on the Tianfeng Research Reports, compiled a list of current opportunities in the AI application industry in Hong Kong stocks for mooers to reference:

Specifically, the Internet includes: $騰訊控股 (00700.HK)$ 、 $美團-W (03690.HK)$ 、 $網易-S (09999.HK)$ 、 $快手-W (01024.HK)$ 、 $嗶哩嗶哩-W (09626.HK)$ 、 $阿里巴巴-W (09988.HK)$ 、 $小米集團-W (01810.HK)$ 、 $京東集團-SW (09618.HK)$ 、 $百度集團-SW (09888.HK)$ 、 $微博-SW (09898.HK)$ ；

Content Creation and Entertainment: $騰訊音樂-SW (01698.HK)$ 、 $網易雲音樂 (09899.HK)$ 、 $閱文集團 (00772.HK)$ 、 $大麥娛樂 (01060.HK)$ 、 $中國儒意 (00136.HK)$ 、 $赤子城科技 (09911.HK)$ 、 $美圖公司 (01357.HK)$ 、 $阜博集團 (03738.HK)$ ；

Marketing and E-commerce: $趣致集團 (00917.HK)$ 、 $匯量科技 (01860.HK)$ 、 $吉宏股份 (02603.HK)$ 、 $東方甄選 (01797.HK)$ 、 $多點數智 (02586.HK)$ 、 $微盟集團 (02013.HK)$ ；

AI + SaaS: $金蝶國際 (00268.HK)$ 、 $移卡 (09923.HK)$ 、 $金山軟件 (03888.HK)$ 、 $邁富時 (02556.HK)$ 、 $明源雲 (00909.HK)$ 、 $亞信科技 (01675.HK)$ 、 $第四範式 (06682.HK)$ ；

AI + Vertical Industry: $北森控股 (09669.HK)$ 、 $BOSS直聘-W (02076.HK)$ 、 $攜程集團-S (09961.HK)$ 、 $途虎-W (09690.HK)$ ；

AI + Medical: $京東健康 (06618.HK)$ 、 $晶泰控股 (02228.HK)$ 、 $微創醫療 (00853.HK)$ 、 $醫渡科技 (02158.HK)$ 、 $阿里健康 (00241.HK)$ 、 $平安好醫生 (01833.HK)$ 、 $訊飛醫療科技 (02506.HK)$ 、 $藥師幫 (09885.HK)$ ；

AI + Gaming: $心動公司 (02400.HK)$ 、 $創夢天地 (01119.HK)$ 、 $中旭未來 (09890.HK)$ 、 $網龍 (00777.HK)$ ；

AI + Finance: $奇富科技-S (03660.HK)$ 、 $九方智投控股 (09636.HK)$ 、 $陸控 (06623.HK)$ 、 $易鑫集團 (02858.HK)$ 、 $盛業 (06069.HK)$ ；

AI + Education: $粉筆 (02469.HK)$ 、 $中國東方教育 (00667.HK)$ 、 $新東方-S (09901.HK)$ 、 $天立國際控股 (01773.HK)$ ；

Autonomous Driving and Robotics: $理想汽車-W (02015.HK)$ 、 $小鵬汽車-W (09868.HK)$ 、 $地平線機器人-W (09660.HK)$ 、 $佑駕創新 (02431.HK)$ 、 $微創機器人-B (02252.HK)$ 、 $優必選 (09880.HK)$ 、 $越疆 (02432.HK)$ 、 $極智嘉-W (02590.HK)$ ；

Smart Hardware: $塗鴉智能-W (02391.HK)$ 、 $聯想集團 (00992.HK)$ 、 $瑞聲科技 (02018.HK)$

Overall, from a long-term perspective, the industries that can potentially benefit from AI technology will become new growth directions for technology companies.