Ip Man was a real martial arts master, but the depictions in various forms of media might include fictionalized aspects to make the story more engaging and dramatic. So, it's a mix of real and fictional elements.
The story of Ip Man 2 had a basis in real events and the figure of Ip Man, but it was also embellished and adapted for the screen. So, it's a mix of reality and creative interpretation.
To a large extent, it is. The story of Ip Man is inspired by the real experiences of the martial arts master. But, like in many biographical films, certain details might have been fictionalized or embellished to make it more engaging for the audience.
The Ip Man story has roots in reality, but it's also likely that certain aspects have been dramatized or embellished to make it more engaging for the audience. After all, movies often take artistic license.
No, Ip Man 2 is not a completely true story. It's based on the life of Ip Man but has some fictional elements and creative liberties for cinematic purposes.