High lever is a form of lever. Leverage is the leverage ratio of foreign exchange margin used in foreign exchange speculation. The greater the leverage, the greater the risk, and of course the greater the profit. High leverage is a "double-edged sword" for stock investment, which can quickly speculate on the stock index and stock price in a short time, or make it plummet.

Evergrande is taking this road. First, the characteristics of the real estate industry determine that high leverage can accelerate the development and expansion of enterprises, and high-speed turnover will bring huge cash flow and superficial prosperity on the books. Secondly, banks are also willing to lend to leading real estate enterprises like Evergrande. They don't believe that such real estate enterprises will have cash flow breaks and corporate bonds can't be paid when they expire. Third, Gao Qian bars are like drugs. Once touched, you can't stop. They don't look back until they hit the south wall, and they can't go back when they hit the south wall.