Hanwha Aerospace, listed under the ticker KRX: 012450 and recognized as a pivotal entity in South Korea's defense industry, has seen its share price catapult to ₩998,000. This notable rise places the company tantalizingly close to crossing the monumental ₩1 million mark. The anticipation is palpable among investors, who are keenly observing whether South Korea is on the cusp of ushering in a new era characterized by the emergence of five "emperor stocks," especially amid the vigorous performance of the KOSPI index.

On the 30th, the Korea Exchange reported that Hanwha Aerospace concluded the trading session at an impressive ₩998,000. This figure represents a significant increase of ₩45,000, or 4.72%, compared to the prior trading day, setting a new pinnacle for the company's stock value.

Throughout the current year, Hanwha Aerospace's stock has skyrocketed by an astounding 210%. This meteoric rise is driven by the escalating global appetite for advanced weaponry systems. As South Korean defense companies continue to broaden their international reach, Hanwha Aerospace has solidified its position as a prime beneficiary in this rapidly expanding market.

In the preceding month, the company's stock briefly touched ₩987,000, positioning itself as the frontrunner to achieve the distinguished title of "emperor stock," following in the footsteps of Samyang Foods, which trades under KRX: 003230. Nonetheless, a brief market correction enabled Hyosung Heavy Industries, listed as KRX: 298040, to attain the esteemed status first.

Since August, the momentum has been rekindled, with revitalized investor confidence propelling Hanwha Aerospace's stock to new heights. This renewed surge has been further bolstered by the recent development involving Kim Dong-kwan, the Vice Chairman of Hanwha Group, who embarked on a trip to Washington. His visit aims to foster discussions surrounding defense trade negotiations, injecting a fresh wave of optimism and helping the stock achieve unprecedented levels.

Date: 2025-07-30