diff --git a/target-i386/cpuid.c b/target-i386/cpuid.c
index c2edb64..5c85492 100644
--- a/target-i386/cpuid.c
+++ b/target-i386/cpuid.c
@@ -778,6 +778,9 @@ static int cpu_x86_find_by_name(x86_def_t *x86_cpu_def, const char *cpu_model)
             hyperv_enable_relaxed_timing(true);
         } else if (!strcmp(featurestr, "hv_vapic")) {
             hyperv_enable_vapic_recommended(true);
+        } else if (!strcmp(featurestr, "hv_refcnt")) {
+            hyperv_enable_ref_count(true);
         } else {
             fprintf(stderr, "feature string `%s' not in format (+feature|-feature|feature=xyz)\n", featurestr);
             goto error;
diff --git a/target-i386/hyperv.c b/target-i386/hyperv.c
index f284e99..13a1cb7 100644
--- a/target-i386/hyperv.c
+++ b/target-i386/hyperv.c
@@ -15,6 +15,7 @@
 static bool hyperv_vapic;
 static bool hyperv_relaxed_timing;
 static int hyperv_spinlock_attempts = HYPERV_SPINLOCK_NEVER_RETRY;
+static bool hyperv_ref_count;
 
 void hyperv_enable_vapic_recommended(bool val)
 {
@@ -34,9 +35,17 @@ void hyperv_set_spinlock_retries(int val)
     }
 }
 
+void hyperv_enable_ref_count(bool val)
+{
+    hyperv_ref_count = val;
+}
+
 bool hyperv_enabled(void)
 {
-    return hyperv_hypercall_available() || hyperv_relaxed_timing_enabled();
+    return hyperv_hypercall_available() || 
+           hyperv_relaxed_timing_enabled() ||
+           hyperv_ref_counter_enabled();
 }
 
 bool hyperv_hypercall_available(void)
@@ -62,3 +71,9 @@ int hyperv_get_spinlock_retries(void)
 {
     return hyperv_spinlock_attempts;
 }
+
+bool hyperv_ref_counter_enabled(void)
+{
+    return hyperv_ref_count;
+}
diff --git a/target-i386/hyperv.h b/target-i386/hyperv.h
index bacb1d4..a65aa5f 100644
--- a/target-i386/hyperv.h
+++ b/target-i386/hyperv.h
@@ -30,10 +30,12 @@
 void hyperv_enable_vapic_recommended(bool val);
 void hyperv_enable_relaxed_timing(bool val);
 void hyperv_set_spinlock_retries(int val);
+void hyperv_enable_ref_count(bool val);
 #else
 static inline void hyperv_enable_vapic_recommended(bool val) { }
 static inline void hyperv_enable_relaxed_timing(bool val) { }
 static inline void hyperv_set_spinlock_retries(int val) { }
+static inline void hyperv_enable_ref_count(bool val) {}
 #endif
 
 bool hyperv_enabled(void);
@@ -41,5 +43,5 @@ bool hyperv_hypercall_available(void);
 bool hyperv_vapic_recommended(void);
 bool hyperv_relaxed_timing_enabled(void);
 int hyperv_get_spinlock_retries(void);
-
+bool hyperv_ref_counter_enabled(void);
 #endif /* QEMU_HW_HYPERV_H */
diff --git a/target-i386/kvm.c b/target-i386/kvm.c
index 9a73207..31ca04a 100644
--- a/target-i386/kvm.c
+++ b/target-i386/kvm.c
@@ -414,7 +414,12 @@ int kvm_arch_init_vcpu(CPUState *env)
             c->eax |= HV_X64_MSR_HYPERCALL_AVAILABLE;
             c->eax |= HV_X64_MSR_APIC_ACCESS_AVAILABLE;
         }
-
+        if (hyperv_ref_counter_enabled()) {
+            c->eax |= HV_X64_MSR_TIME_REF_COUNT_AVAILABLE;
+            c->eax |= 0x200;
+        }
         c = &cpuid_data.entries[cpuid_i++];
         memset(c, 0, sizeof(*c));
         c->function = HYPERV_CPUID_ENLIGHTMENT_INFO;