UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 9/30/2011
Check here if Amendment []; Amendment Number:
                                               -------
This Amendment (Check only one.):               [] is a restatement.
                                                [] adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:      Kylin Management LLC

Address:   366 Madison Avenue, 16th Floor, New York, New York 10017


Form 13F File Number: 028-14332


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this submission.

Persons Signing this Report on Behalf of Reporting Manager:

Name:   Paul Guggenheimer
Title:  Chief FInancial Officer
Phone:  (212) 323-8115

Signature,  Place,  and  Date  of  Signing:

/s/ Paul Guggenheimer              New York, New York                 11/11/2011
---------------------------------  ---------------------------------  ----------
[Signature]                        [City, State]                      [Date]



Report  Type  (Check  only  one):

[X]     13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

[ ]     13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:




                              Form 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:                    0

Form 13F Information Table Entry Total:              11

Form 13F Information Table Value Total:  $      148,243
                                         --------------
                                         (In Thousands)


List of Other Included Managers:

Provide a numbered list of the name(s) and 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE







                                                  FORM 13F INFORMATION TABLE

         COLUMN 1              COLUMN 2    COLUMN 3  COLUMN 4      COLUMN 5       COLUMN 6  COLUMN 7       COLUMN 8
--------------------------- -------------- --------- -------- ------------------ ---------- -------- ---------------------
                                                      VALUE    SHRS OR  SH/ PUT/ INVESTMENT  OTHER     VOTING AUTHORITY
      NAME OF ISSUER        TITLE OF CLASS   CUSIP   (x$1000)  PRN AMT  PRN CALL DISCRETION MANAGERS   SOLE    SHARED NONE
--------------------------- -------------- --------- -------- --------- --- ---- ---------- -------- --------- ------ ----
                                                                                     
Asiainfo-Linkage Inc        COM            04518A104   11,643 1,577,700 SH       SOLE                1,577,700      0    0
Baidu Inc                   SPON ADR REP A 056752108   21,123   197,580 SH       SOLE                  197,580      0    0
Camelot Information Sys     ADS RP ORD SHS 13322V105    3,628 1,353,800 SH       SOLE                1,353,800      0    0
Focus Media Holding         SPONSORED ADR  34415V109    8,342   495,500 SH       SOLE                  495,500      0    0
Hisoft Technology Intl Ltd  SPONSORED ADR  43358R108    7,356   836,900 SH       SOLE                  836,900      0    0
Melco Crown Entmt Ltd       ADR            585464100    7,363   886,100 SH       SOLE                  886,100      0    0
Perfect World Co Ltd        SPON ADR REP B 71372U104   16,044 1,437,645 SH       SOLE                1,437,645      0    0
Qihoo 360 Technology Co Ltd ADS            74734M109    3,784   231,600 SH       SOLE                  231,600      0    0
Sohu.com Inc                COM            83408W103   10,464   217,100 SH       SOLE                  217,100      0    0
Vanceinfo Technologies Inc  ADR            921564100      736   109,300 SH       SOLE                  109,300      0    0
Wuxi Pharmatech Cayman Inc  SPONS ADR SHS  929352102   57,761 4,962,300 SH       SOLE                4,962,300      0    0