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Potential buyers of the stake, which may be worth USD1bn (EUR677.3m), are US private-equity firms, including TPG Inc, CV Starr & Co and JC Flowers & Co, the sources added.
General Atlantic LLC and Bain Capital LLC were also willing to gain ownership in the Chinese company.
Morgan Stanley will have its second try to divest the stake after negotiations with bidders in early 2008 produced no results.
According to Wei Tao, a banking analyst at China Securities Corp, the US firm wants to dispose of its CICC holding since it prefers to operate a smaller securities firm.
Morgan Stanley has channelled USD35m of investments to the Chinese corporation since its creation in 1995.
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