Hanwha Aerospace (KRX: 012450), widely regarded as the flagship of Korea’s defense sector, surged to₩998,000, putting the company on the brink of becoming an₩1 million stock. Investors are now eyeing whether the so-called era of Korea’s “five emperor stocks” will soon be realized amid the strong KOSPI rally.

According to the Korea Exchange on the 30th, Hanwha Aerospace closed at₩998,000, up₩45,000 (4.72%)from the previous session, marking yet another all-time high.

The company’s share price hassoared 210% this year, fueled by rising global demand for weapons systems. As Korean defense firms expand their export footprint, Hanwha Aerospace has cemented itself as a leading beneficiary of the booming market.

Last month, the stock briefly climbed to₩987,000, positioning it as the most likely candidate to become the next “emperor stock” after Samyang Foods (KRX: 003230). However, a short-term correction allowed Hyosung Heavy Industries (KRX: 298040) to claim the title first.

Momentum has since returned in August, with renewed investor confidence pushing Hanwha Aerospace’s stock higher. The latest rally was further buoyed by news thatKim Dong-kwan, Vice Chairman of Hanwha Group, departed for Washington to support defense trade negotiations, sparking fresh optimism and lifting the stock to record highs.

Date: 2025-07-30