Hanwha Aerospace (KRX: 012450), recognized as a key player in South Korea’s defense industry, reached a stock price of ₩998,000, nearing the ₩1 million mark. Stakeholders are closely monitoring the possibility of it joining the ranks of Korea's “five high-value stocks” during the current KOSPI uptrend.

On the 30th, the Korea Exchange reported that Hanwha Aerospace closed at ₩998,000, an increase of ₩45,000 (4.72%) compared to the previous trading day, setting a new record high.

The company’s stock value has grown by 210% this year, driven by expanding global demand for military equipment. As South Korean defense companies increase their export activities, Hanwha Aerospace has emerged as a significant beneficiary of this trend.

In the preceding month, the share price temporarily reached ₩987,000, suggesting it was the foremost contender to achieve “high-value stock” status following Samyang Foods (KRX: 003230). Nonetheless, a brief market correction resulted in Hyosung Heavy Industries (KRX: 298040) attaining the distinction first.

Investor confidence regained momentum in August, further elevating Hanwha Aerospace’s share value. The latest increase was supported by developments involving Kim Dong-kwan, Vice Chairman of Hanwha Group, who traveled to Washington to engage in defense trade discussions, fostering renewed optimism and contributing to the stock’s ascent to new heights.

Date: 2025-07-30