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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live: THG rallies, bitcoin up on ETF hopes, Playtech takeover, China GDP figures disappoint

Disappointing GDP figures in China have set a downbeat tone as investors embark on a busy week that is also set to feature UK inflation figures and a flurry of earnings updates.

The FTSE 100 index finished on Friday at its highest level in 19 months, but traded lower after China's 4.9% expansion came in short of expectations.

Shares in Hut Group business THG surged 8% after founder and chief executive Matt Moulding gave up his “golden share” in a move easing governance concerns and paving the way for FTSE 100 index membership.

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