WRAPUP 3-AXA targets Asia growth in spite of China snag

* Seeks control of Asian parts of AXA Asia Pacific

* Deal via AMP bid values AXA Asia Pacific at $10.3 bln

* AXA paying 1.1 bln euro for AXA Asia Pacific's Asian units

* AXA Asia Pacific rejects bid, but analysts see deal likely

* AXA also eyes sale of $1 bln stake in China's Taikang

(Adds bankers involved in AXA rights issue in last two paras)

By Denny Thomas and George Chen

SYDNEY/HONG KONG, Nov 9 (Reuters) - French insurer AXA (AXAF.PA) sought full control of its majority-owned Asian arm to get a tighter grip on the region's booming markets and stuck with plans to grow in China despite regulatory obstacles there.

The insurance market in Asia is growing faster than Europe and the United States, with Ping An Insurance (601318.SS) and China Life (601628.SS) among the top players in the region.