Blanch the broccoli florets and carrot slices in boiling water until tender-crisp. Drain and set aside.
In a small bowl, combine hoisin sauce, light soy sauce, vegetarian oyster sauce, sugar, cornstarch, and water to make the sauce mixture.
Heat cooking oil in a wok over high heat. Add minced garlic and ginger, and stir-fry until fragrant.
Add vegetarian 'chicken' pieces and stir-fry for 2-3 minutes until lightly browned.
Add red bell pepper chunks, blanched broccoli, and carrot slices to the wok. Stir-fry for another 1-2 minutes.
Pour in the prepared sauce mixture and stir continuously until the sauce thickens and coats all ingredients.
Stir in roasted cashew nuts and sesame oil. Toss well to combine.
Serve immediately with steamed white rice.
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