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 KOSPI surge.

On the 30th, Korea Exchange reported Hanwha Aerospace closed at ₩998,000, a ₩45,000 (4.72%) increase, setting a new record.

This year, shares jumped 210% due to increased global arms demand. As Korean defense exports grow, Hanwha Aerospace benefits significantly.

Last month, the stock hit ₩987,000, likely to be the next “emperor stock” after Samyang Foods (KRX: 003230). Yet, a correction let Hyosung Heavy Industries (KRX: 298040) achieve it first.

In August, momentum returned, boosting Hanwha Aerospace shares. Investor confidence rose with Vice Chairman Kim Dong-kwan's visit to Washington for defense trade talks, pushing stocks to new highs.

Date: 2025-07-30