Asia had been buoyed overnight by a new Chinese plan to tackle its property crisis and as tech giant Alibaba sought a primary listing in Hong Kong .SS, but Europe and Wall Street could not keep up. Coca-Cola KO.N gained 1% after it raised forecasts while Unilever rose 2.5% after an earnings beat, with chief executive Alan Jope saying "strong pricing" had enabled it to mitigate cost inflation. .SS Hong Kong's Hang Seng Index .HSI ended 1.7% higher on the Alibaba news .CSI300 although Japan's Nikkei .N225 fell 0.16%.