That was a remarkable hand deployment. I've seen two failed deploys without much spinning going on at all.
Many hang gliders can take a lot more than 7 G's...more for being resilient enough for normal launch and landing mishaps and handling than for flight loads. Many use heavy flying wires and leading edge and cross tube stiffeners for aerobatic use. A glider can't normally maintain more G-loading than its L:D ratio for more than a short time, and newer gliders (like this topless model) can still approach 10:1 even when under a heavily loaded condition.
But that was a lot of speed for a loop. He indicated he had racing wires on as well. High G's in many hang gliders causes the nose to pitch up due to the tips washing out under load that cause the load factor to increase fast. Even at 45mph on one of my old wings (a TRX), the same bar position would progress from a normal entry to head popping g's during entry unless the bar was pulled back pretty close to a normal glide position after the initial entry.
Here is John Heiney showing a light touch, moderate airspeeds, light g-loading, and some good fun: