Hanwha Aerospace (KRX: 012450), a leader in Korea's defense industry, hit ₩998,000, nearing the ₩1 million mark. Investors anticipate Korea’s “five emperor stocks” era amid the strong KOSPI performance.

The Korea Exchange reported that on the 30th, Hanwha Aerospace's stock closed at ₩998,000, increasing by ₩45,000 (4.72%) from the previous day, setting a new record high.

The stock has jumped 210% this year, driven by surging global demand for defense systems. Korean defense companies expanding exports have positioned Hanwha Aerospace as a key beneficiary of the booming market.

In the previous month, the stock briefly reached ₩987,000, making it a prime candidate for the next “emperor stock” after Samyang Foods (KRX: 003230). However, a temporary correction allowed Hyosung Heavy Industries (KRX: 298040) to achieve the title first.

In August, investor confidence surged again, boosting Hanwha Aerospace shares. News of Kim Dong-kwan, Hanwha Group's Vice Chairman, going to Washington for defense trade talks renewed optimism, lifting the stock to new highs.

Date: 2025-07-30