Hanwha Aerospace (KRX: 012450), a prominent figure in South Korea’s defense industry, has seen its stock value leap to₩998,000. This positions the company on the cusp of reaching a₩1 million valuation per share. Investors are speculating whether South Korea's anticipated milestone of “five emperor stocks” is imminent, especially given the robust performance of the KOSPI index.

Information from the Korea Exchange on the 30th reveals that Hanwha Aerospace's stock closed at₩998,000. This marks an increase of₩45,000, or 4.72%, compared to the previous trading session, setting a new record high for the company.

Throughout this year, the share price has skyrocketed by 210%. This impressive growth is attributed to the escalating global demand for defense systems. As South Korean defense companies broaden their international market reach, Hanwha Aerospace has emerged as a key player benefiting from the flourishing industry.

In the prior month, Hanwha Aerospace's stock briefly reached₩987,000, making it a top contender to become the next “emperor stock” following Samyang Foods (KRX: 003230). However, a short-lived market correction allowed Hyosung Heavy Industries (KRX: 298040) to attain that status first.

August witnessed a resurgence in momentum, with renewed investor confidence boosting Hanwha Aerospace’s stock once more. The latest increase in stock value was further encouraged by the news that Kim Dong-kwan, Vice Chairman of Hanwha Group, traveled to Washington to facilitate defense trade discussions. This development injected fresh optimism into the market, propelling the stock to unprecedented heights.

Date: 2025-07-30