Hong Kong hits back at U.S. warnings over Russian tycoon's yacht

Sanctioned Putin ally Alexey Mordashov docks 142-meter Nord in city's harbor

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Sanctioned billionaire Alexey Mordashov's Nord superyacht has become the latest point of contention between the U.S. and China. © Reuters

PAK YIU, Nikkei staff writer

HONG KONG -- Hong Kong leader John Lee on Tuesday hit back at U.S. claims that the city could become a haven for Russians avoiding Western sanctions after the arrival of a steel tycoon's $500 million superyacht.

Sanctioned billionaire Alexey Mordashov's 142-metre Nord, equipped with two helipads, a swimming pool and 20 cabins, anchored in the city's Victoria Harbor last Wednesday.

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