diff --git a/arch/x86/kvm/x86.c b/arch/x86/kvm/x86.c
index 445c51b6cf6dc702a0da9710ee5b6eb4b996ec34..0b387d61c10300e92a8be5c4c731d80b29a16167 100644
--- a/arch/x86/kvm/x86.c
+++ b/arch/x86/kvm/x86.c
@@ -3070,6 +3070,8 @@ static void kvm_vcpu_ioctl_x86_get_vcpu_events(struct kvm_vcpu *vcpu,
 	memset(&events->reserved, 0, sizeof(events->reserved));
 }
 
+static void kvm_set_hflags(struct kvm_vcpu *vcpu, unsigned emul_flags);
+
 static int kvm_vcpu_ioctl_x86_set_vcpu_events(struct kvm_vcpu *vcpu,
 					      struct kvm_vcpu_events *events)
 {
@@ -3106,10 +3108,13 @@ static int kvm_vcpu_ioctl_x86_set_vcpu_events(struct kvm_vcpu *vcpu,
 		vcpu->arch.apic->sipi_vector = events->sipi_vector;
 
 	if (events->flags & KVM_VCPUEVENT_VALID_SMM) {
+		u32 hflags = vcpu->arch.hflags;
 		if (events->smi.smm)
-			vcpu->arch.hflags |= HF_SMM_MASK;
+			hflags |= HF_SMM_MASK;
 		else
-			vcpu->arch.hflags &= ~HF_SMM_MASK;
+			hflags &= ~HF_SMM_MASK;
+		kvm_set_hflags(vcpu, hflags);
+
 		vcpu->arch.smi_pending = events->smi.pending;
 		if (events->smi.smm_inside_nmi)
 			vcpu->arch.hflags |= HF_SMM_INSIDE_NMI_MASK;