This document summarizes recent discoveries and challenges in chaos theory presented by Xiong Wang from the Centre for Chaos and Complex Networks at City University of Hong Kong. Some key points discussed include: discovering a chaotic system with one stable equilibrium point, using symmetry to create systems with multiple equilibria whose stability can be tuned, and open questions around reconciling local stability with global chaotic behavior. The document concludes by acknowledging that chaos is a global phenomenon not precluded by local stability near equilibria.