Preheat the oven to 425 degrees F. Prepare a baking dish lined with aluminum foil, plus parchment paper on top.
Toss chicken wings with flour and some salt and pepper, shaking off excess flour before placing onto the prepared pan.
Drizzle with olive oil and bake for about 35 minutes, flipping halfway.
Meanwhile, stir together honey, garlic, ginger, soy sauce, chili flakes, cornstarch, and water in a saucepan and simmer on medium-low for about 10 minutes.
Toss prepared sauce with chicken wings and place back into the oven.
Let it bake for another 10 minutes, tossing halfway to brown and caramelize evenly.