Whisk together green onion with sherry, garlic, ginger, sugar, salt and pepper in small bowl; set aside.
Heat peanut oil in heavy skillet over medium-high heat; brown steak quickly on all sides. Add the sherry mixture and cook, stirring, for about 3 minutes. Add chicken broth and simmer, covered, for 1 1/2 to 2 hours or until meat is tender.
Servings: 6 to 8