Renowned as a cornerstone of South Korea's defense industry, Hanwha Aerospace (KRX: 012450) has seen its stock price ascend dramatically, reaching a remarkable ₩998,000. This trajectory places the company tantalizingly close to joining the elite group of ₩1 million stocks. Investors are watching keenly to see if Korea's vision of its "five emperor stocks" will become reality, fueled by a robust rally in the KOSPI.

As reported by the Korea Exchange on the 30th, Hanwha Aerospace's shares concluded the trading session at ₩998,000, representing an impressive gain of ₩45,000 (or 4.72%) compared to the previous day. This milestone represents yet another unprecedented peak in the company's stock value.

Throughout this year, Hanwha Aerospace’s stock price has skyrocketed by an astounding 210%, a reflection of the surging global appetite for advanced weaponry systems. The expanding reach of Korea's defense exports has positioned Hanwha Aerospace prominently as a key player capitalizing on this burgeoning market.

In the previous month, the stock momentarily touched ₩987,000, marking it as the foremost contender to achieve the "emperor stock" status following Samyang Foods (KRX: 003230). However, a brief market correction saw Hyosung Heavy Industries (KRX: 298040) secure the title initially.

Investor enthusiasm reignited in August, propelling Hanwha Aerospace’s stock to new heights. This latest upswing received an additional boost when news emerged that Kim Dong-kwan, the Vice Chairman of Hanwha Group, had traveled to Washington. His mission to advocate for defense trade negotiations injected renewed optimism into the market, propelling the stock price to record-breaking levels.

Date: 2025-07-30