UPDATE 2-Hopu, Blackstone among bidders for AXA's China stake

* AXA's Taikang sale gets both Chinese and foreign bidders

* AXA's Taikang sale is now valued at more than $1 billion

* All bids came in by last Friday's first-round deadline (Adds more details, sources' quotes, industry background)

By George Chen and Michael Flaherty

HONG KONG, Nov 9 (Reuters) - French insurer AXA's (AXAF.PA) 15.6 percent stake in China's No.4 life insurer, Taikang, attracted foreign and domestic bidders including Temasek and Blackstone (BX.N), valuing the holding at more than $1 billion, sources told Reuters on Monday.

Other bidders included Bain Capital, KKR [KKR.UL] and two Chinese private equity firms, Hopu Investments and Hony Capital, according to sources with direct knowledge of the situation.

All bids were received by last Friday's first-round deadline. Sources previously told Reuters that Morgan Stanley (MS.N) was the sellside adviser for the auction.

Last month, Morgan Stanley sent Taikang's book and bidding invitations to more than 30 private equity firms, while some, for example, the Carlyle Group [CYL.UL], decided to walk away, according to the sources.

"The reaction is bigger than AXA expected," said one source.