Hanwha Aerospace (KRX: 012450), recognized as a leader in South Korea’s defense industry, saw its stock price elevate to ₩998,000. This development places the company close to achieving a stock price of ₩1 million. Market observers are monitoring whether the era of South Korea’s “five emperor stocks” will be established as the KOSPI continues to rise.

As reported by the Korea Exchange on the 30th, Hanwha Aerospace's closing stock price was ₩998,000, an increase of ₩45,000 (4.72%) from the previous trading session, setting a new record high.

The company's stock has risen by 210% this year, driven by increased global demand for weapon systems. As South Korean defense companies expand their export activities, Hanwha Aerospace emerges as a key player benefiting from this growing market.

In the previous month, the stock briefly reached ₩987,000, making it a strong contender to become the next “emperor stock” following Samyang Foods (KRX: 003230). However, a temporary market correction led Hyosung Heavy Industries (KRX: 298040) to achieve this status first.

August saw renewed investor interest and confidence in Hanwha Aerospace, propelling its stock upward. The latest rally was further supported by the news of Kim Dong-kwan, Vice Chairman of Hanwha Group, traveling to Washington to assist in defense trade negotiations, generating optimism and contributing to the stock reaching new highs.

Date: 2025-07-30