diff --git a/packages/commonjs/src/transform-commonjs.js b/packages/commonjs/src/transform-commonjs.js
index 80edc3e82..2d6ebdee0 100644
--- a/packages/commonjs/src/transform-commonjs.js
+++ b/packages/commonjs/src/transform-commonjs.js
@@ -322,6 +322,12 @@ export default async function transformCommonjs(
             case 'global':
               uses.global = true;
               if (!ignoreGlobal) {
+                if (isShorthandProperty(parent)) {
+                  // as key and value are the same object, isReference regards
+                  // both as references, so we need to skip now
+                  skippedNodes.add(parent.value);
+                  magicString.prependRight(node.start, 'global: ');
+                }
                 replacedGlobal.push(node);
               }
               return;
diff --git a/packages/commonjs/test/fixtures/function/shorthand-global/_config.js b/packages/commonjs/test/fixtures/function/shorthand-global/_config.js
new file mode 100644
index 000000000..ec3064264
--- /dev/null
+++ b/packages/commonjs/test/fixtures/function/shorthand-global/_config.js
@@ -0,0 +1,3 @@
+module.exports = {
+  description: 'correctly replaces shorthand `global` property in object'
+};
diff --git a/packages/commonjs/test/fixtures/function/shorthand-global/main.js b/packages/commonjs/test/fixtures/function/shorthand-global/main.js
new file mode 100644
index 000000000..691dbd199
--- /dev/null
+++ b/packages/commonjs/test/fixtures/function/shorthand-global/main.js
@@ -0,0 +1,7 @@
+const HOST = {
+  global
+};
+
+module.exports = {
+  HOST
+};