Pat dry the shrimp with a kitchen towel and season them with salt and pepper.
Prepare the breading station: In one bowl, combine egg and water, beat with a fork, and set aside. In another bowl, combine flour, cornstarch, salt, and baking soda. Set aside.
Dredge the shrimp in the egg mixture first, then coat them in the flour mixture, ensuring they are well coated. Shake off any excess flour. Repeat with the remaining shrimp.
Meanwhile, heat a wok with oil for deep frying the shrimp.
Once the oil is heated, carefully add the shrimp and cook for 3-5 minutes, or until they are cooked through, crispy, and golden brown.
Drain the oil and transfer the shrimp to a bowl. Repeat the process with the remaining shrimp.
Meanwhile, prepare the sauce: In a skillet, add oil and garlic and fry for a minute. Stir in honey, water, soy sauce, and cornstarch slurry. Let it simmer for 2 minutes.
Transfer the fried shrimp to the skillet and toss everything until well combined.
Garnish with sesame seeds and green onions before serving.