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Step 1
Stir the water and sugar in a small saucepan over medium heat until it comes to a boil. Add walnuts and continue to boil for 2 minutes. Transfer to a baking sheet lined with parchment paper using a slotted spoon and spread in a single layer. Set aside.
Step 2
In a medium bowl, stir together the mayonnaise, honey and sweetened condensed milk.
Step 3
In a large ziploc bag, combine the cornstarch and salt. Add the shrimp to the bag, then seal and shake to coat evenly in the cornstarch.
Step 4
Heat two tablespoons of the oil in a large nonstick skillet over medium-high heat.
Step 5
Add half of the shrimp to the skillet, shaking off excess cornstarch first, taking care not to crowd the pan. Cook until the shrimp curl into a 'c' shape and are pink and crisp on the outside, about 2 minutes per side side. Transfer to a paper towel-lined plate. Repeat with the remaining two tablespoons of oil and the remaining shrimp.
Step 6
Combine the crispy fried shrimp and honey sauce and toss to coat. Sprinkle with candied walnuts and green onions and serve.