1. In relation to an IPO on the Main Board of HKEX, indicate whether each statement is true or false. A: All IPOs must contain a variable offer price (i.e., a prospectus-disclosed offer price range). T/False

B: The interest generated from proceeds lodged in applications to the retail tranche accrues to thelisted company (i.e., stock issuer). T/False

C: The number of shares assigned to Pool A of the retail tranche always exceeds the numberassigned to Pool B. (*) T/False

D: An over-allotment (Green Shoe) option is a mandatory feature in all IPOs.T/False

E: The Green-Shoe option is exercisable by the issuer (i.e., the listing company).T/False F: The lead underwriter to the IPO isgranted the Green Shoe exercise decision. T/False G: G: A Reverse Claw-back, from retail to international placing tranche, arises if the subscription rate on the retail tranche is less than 1.00 and the subscription rate on theinternational place tranche is greater than 1.00. T/False