Heat the olive oil and sesame oil in a large skillet over medium heat.
Add the shallot, garlic and ginger and cook until fragrant and translucent, about 2 minutes. Add the asparagus, mushrooms, broccoli, and peas and cook until tender, about 5 minutes, stirring frequently. Add the green onions, water chestnuts, and hoisin sauce and cook for 1 minute.
Serve immediately, spooning the vegetable mixture into the lettuce leaves. Top with cashews, cilantro and sesame seeds.
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