JD Weighs at Least $1 Billion Bond Sale Linked to Health Unit

JD.com Inc. is looking to raise at least $1 billion through an equity-linked bond sale, according to people familiar with the matter, in what would be the latest in a wave of recent debt offerings by Chinese e-commerce companies.

JD.com has been sounding out investor interest for the potential sale of bonds exchangeable into shares of JD Health International Inc., its Hong Kong-listed online healthcare arm, said the people, asking not to be identified because the information is private. Discussions are ongoing and details may change, the people added.

Tech firms are raising funds as they pour billions of ...