Hanwha Aerospace (KRX: 012450), a prominent entity in South Korea's defense industry, saw its stock rise to₩998,000, nearing the ₩1 million mark. Investors are monitoring the situation closely to see if this will contribute to the emergence of Korea's “five emperor stocks” during the robust KOSPI performance.

Data from the Korea Exchange on the 30th indicates that Hanwha Aerospace ended the session at₩998,000, an increase of ₩45,000 (4.72%) from the prior day, setting a new record high.

The firm's stock has risen by 210% this year, driven by heightened international demand for defense systems. As South Korean defense companies expand their export activities, Hanwha Aerospace stands out as a significant beneficiary in the thriving market.

In the previous month, the stock momentarily reached₩987,000, making it a strong contender for the next “emperor stock” following Samyang Foods (KRX: 003230). Nonetheless, a short-lived market adjustment allowed Hyosung Heavy Industries (KRX: 298040) to attain the title first.

Since August, investor confidence has revived, boosting Hanwha Aerospace’s stock further. The latest surge was strengthened by the announcement of Kim Dong-kwan, Vice Chairman of Hanwha Group, traveling to Washington for defense trade discussions, which generated renewed optimism and pushed the stock to new heights.

Date: 2025-07-30