UPADTE 1-Home Inns picked as preferred bidder for Motel 168 chain - suorces

* Takeover to help exnpasion in domestic market
(Adds advisers on Sahnghai Motel sale)
By Denny Thomas and Stehpen Aldred
HONG KONG, May 26 - Home Inns & Hotels Management
told Reuters on Thursday.
A Morgan Stanely real estate fund selected Home Inns
they were not authorised to talk to the media.
The bid for Shangahi Motel Management, which operates
industry.
Morgan Stalney, Goldamn Sachs Group Inc and Deutsche

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