diff --git a/src/views/Community/components/StockDetailPanel.js b/src/views/Community/components/StockDetailPanel.js
index 97a2fe72..fae14619 100644
--- a/src/views/Community/components/StockDetailPanel.js
+++ b/src/views/Community/components/StockDetailPanel.js
@@ -63,11 +63,11 @@ function StockDetailPanel({ visible, event, onClose }) {
     refreshQuotes
   } = useEventStocks(event?.id, event?.start_time);
 
-  // 自选股管理
+  // 自选股管理（只在 Drawer 可见时加载）
   const {
     watchlistSet,
     toggleWatchlist
-  } = useWatchlist();
+  } = useWatchlist(visible);
 
   // 实时监控管理
   const {
diff --git a/src/views/Community/components/StockDetailPanel/hooks/useWatchlist.js b/src/views/Community/components/StockDetailPanel/hooks/useWatchlist.js
index 81e94848..3dd05e1a 100644
--- a/src/views/Community/components/StockDetailPanel/hooks/useWatchlist.js
+++ b/src/views/Community/components/StockDetailPanel/hooks/useWatchlist.js
@@ -9,9 +9,10 @@ import { logger } from '../../../../../utils/logger';
  * 自选股管理 Hook
  * 封装自选股的加载、添加、移除逻辑
  *
+ * @param {boolean} shouldLoad - 是否立即加载自选股列表（默认 true）
  * @returns {Object} 自选股数据和操作方法
  */
-export const useWatchlist = () => {
+export const useWatchlist = (shouldLoad = true) => {
   const dispatch = useDispatch();
 
   // 从 Redux 获取自选股列表
@@ -23,10 +24,13 @@ export const useWatchlist = () => {
     return new Set(watchlistArray);
   }, [watchlistArray]);
 
-  // 初始化时加载自选股列表
+  // 初始化时加载自选股列表（只在 shouldLoad 为 true 时）
   useEffect(() => {
-    dispatch(loadWatchlist());
-  }, [dispatch]);
+    if (shouldLoad) {
+      logger.debug('useWatchlist', '条件加载自选股列表', { shouldLoad });
+      dispatch(loadWatchlist());
+    }
+  }, [dispatch, shouldLoad]);
 
   /**
    * 检查股票是否在自选股中