In a wok, heat oil for deep frying to 300 deg. over med. heat. Add walnuts and deep fry turning frequently, until golden for four to five minutes. Remove and drain on paper towels.
Combine butter and brown sugar in a saucepan. Cook stirring, over low heat until brown sugar melts. Add honey and five-spice powder. Mix well. Remove from heat and add walnuts and sesame seeds; gently to coat.
Spread mixture in a foil lined baking pan or plate. Let stand until cool. Break into bite sized pieces before serving.