What are the main reasons for Hanxiang's stock surge?

Increased defense spending and strong expectations for its drone business. Recovery in both military and civilian segments boosted investor confidence.

What role does Hanxiang play in Taiwan's drone industry?

As a key technology provider and manufacturer, Hanxiang is expected to lead or support national drone development and countermeasure systems.

How significant is the primary trainer aircraft project?

Estimated at 60–70% of the advanced trainer program, it will be a major growth driver for Hanxiang's defense business.

What is Hanxiang's competitive advantage?

Decades of aerospace experience, including indigenous fighter development, gives it strong technical credibility in new defense tech areas.

What’s next for Taiwan’s drone industry?

A national drone development roadmap is expected soon, with Hanxiang positioned as a core implementer.

Spotlight Stock: Hanxiang Soars with Another Daily Limit Up, Breaking 70-TWD Barrier to Hit All-Time High

Published Jul 21, 2026 11:49 AM ・ Updated Jul 21, 2026 12:08 PM ・ 3 min read ・ Source: PR Times

Driven by rising defense budgets and recovery in both military and civilian aerospace businesses, Hanxiang (2634-TW) saw its stock price surge to a record high of 71.5 TWD today, marking another day of limit-up trading.

With continued increases in defense spending, market analysts widely believe that Hanxiang (2634-TW), an aerospace component manufacturer, will see a rebound in operations this year, supported by growth in both military and civilian business segments. This optimism has driven the company's stock price to another daily limit-up today (21st), reaching a peak of 71.5 TWD, matching its all-time high.

Analysts note that recent consensus has gradually formed across political parties in Taiwan regarding the development of the domestic drone industry. Although disagreements remain on budget allocation methods and lead agencies, it is expected that, following cross-party consultations, a comprehensive development plan and roadmap for the domestic drone industry will be unveiled. As one of the key technological sources and primary manufacturers in Taiwan’s drone sector, Hanxiang is well-positioned to win related drone procurement contracts or support other winning manufacturers in mass production.

Hanxiang is also actively developing both soft-kill and hard-kill products for drone countermeasure systems, with new products expected to launch in the second half of the year, drawing significant market attention.

Additionally, analysts suggest that if Hanxiang secures the upcoming primary trainer aircraft project, the volume could reach 60–70% of the advanced trainer aircraft project, providing a new growth engine for its military business performance in the coming years.

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Source: PR Times
Category: News

Spotlight Stock: Hanxiang Soars with Another Daily Limit Up, Breaking 70-TWD Barrier to Hit All-Time High

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