Hanwha Aerospace (KRX: 012450), a prominent entity within South Korea’s defense industry, has seen its share price climb to₩998,000. This development positions the company on the cusp of reaching the significant₩1 million mark. Market participants are keenly observing whether this momentum will usher in a new era of Korea’s “five emperor stocks,” buoyed by the strong performance of the KOSPI.

Data from the Korea Exchange on the 30th indicates that Hanwha Aerospace concluded trading at₩998,000, reflecting an increase of₩45,000 (4.72%) from the preceding trading day. This price level sets a new peak for the company's stock.

The impressive 210% escalation in Hanwha Aerospace's share value this year is largely attributed to a growing global appetite for defense systems. As South Korean defense manufacturers extend their reach in international markets, Hanwha Aerospace emerges as a primary beneficiary of these favorable conditions.

In the previous month, the stock briefly ascended to₩987,000, making it a potential contender for the next "emperor stock" following Samyang Foods (KRX: 003230). Nevertheless, a short-lived price adjustment enabled Hyosung Heavy Industries (KRX: 298040) to secure the title initially.

Investor sentiment has rejuvenated since August, driving Hanwha Aerospace’s stock upward once more. The recent upswing was further propelled by the announcement of Kim Dong-kwan, Vice Chairman of Hanwha Group, traveling to Washington for defense trade discussions, instilling renewed optimism and propelling the stock to unprecedented heights.

Date: 2025-07-30