Preheat your oven to 200°C (400°F). In a bowl, combine ground beef, breadcrumbs, beaten egg, soy sauce, Shaoxing wine, garlic, ginger, green onions, salt, and pepper. Mix gently to avoid overworking the meat.
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Shape into 2.5 cm (1-inch) meatballs and place them on a parchment-lined baking sheet. Bake for 10-12 minutes until golden brown and cooked through.
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Heat a skillet over medium heat. Add soy sauce, brown sugar, water, hoisin sauce, oyster sauce, ginger, garlic, and red pepper flakes. Bring to a gentle simmer.
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In a small bowl, mix cornstarch with water to create a slurry. Gradually add the slurry to the sauce while stirring. Cook until the sauce thickens, about 2-3 minutes.
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Add the cooked meatballs to the sauce and gently toss until evenly coated.
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Garnish with green onions and sesame seeds. Serve hot, either as an appetizer, over steamed rice, or with rice vermicelli for a light and flavorful meal.
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