diff --git a/src/contexts/GlobalSidebarContext.js b/src/contexts/GlobalSidebarContext.js
new file mode 100644
index 00000000..ed6078df
--- /dev/null
+++ b/src/contexts/GlobalSidebarContext.js
@@ -0,0 +1,262 @@
+/**
+ * GlobalSidebarContext - 全局右侧工具栏状态管理
+ *
+ * 管理侧边栏的展开/收起状态和数据加载
+ */
+
+import React, { createContext, useContext, useState, useCallback, useEffect, useRef } from 'react';
+import { useAuth } from './AuthContext';
+import { logger } from '@/utils/logger';
+import { getApiBase } from '@/utils/apiConfig';
+
+const GlobalSidebarContext = createContext(null);
+
+/**
+ * GlobalSidebarProvider - 全局侧边栏 Provider
+ */
+export const GlobalSidebarProvider = ({ children }) => {
+  const { user } = useAuth();
+  const userId = user?.id;
+
+  // 侧边栏展开/收起状态
+  const [isOpen, setIsOpen] = useState(true);
+
+  // 数据状态
+  const [watchlist, setWatchlist] = useState([]);
+  const [realtimeQuotes, setRealtimeQuotes] = useState({});
+  const [followingEvents, setFollowingEvents] = useState([]);
+  const [eventComments, setEventComments] = useState([]);
+  const [loading, setLoading] = useState(false);
+  const [quotesLoading, setQuotesLoading] = useState(false);
+
+  // 防止重复加载
+  const hasLoadedRef = useRef(false);
+
+  /**
+   * 切换侧边栏展开/收起
+   */
+  const toggle = useCallback(() => {
+    setIsOpen(prev => !prev);
+  }, []);
+
+  /**
+   * 加载实时行情
+   */
+  const loadRealtimeQuotes = useCallback(async () => {
+    if (!userId) return;
+
+    try {
+      setQuotesLoading(true);
+      const base = getApiBase();
+      const response = await fetch(base + '/api/account/watchlist/realtime', {
+        credentials: 'include',
+        cache: 'no-store'
+      });
+
+      if (response.ok) {
+        const data = await response.json();
+        if (data.success) {
+          const quotesMap = {};
+          data.data.forEach(item => {
+            quotesMap[item.stock_code] = item;
+          });
+          setRealtimeQuotes(quotesMap);
+        }
+      }
+    } catch (error) {
+      logger.error('GlobalSidebar', 'loadRealtimeQuotes', error, {
+        userId,
+        timestamp: new Date().toISOString()
+      });
+    } finally {
+      setQuotesLoading(false);
+    }
+  }, [userId]);
+
+  /**
+   * 加载所有数据（自选股、关注事件、评论）
+   */
+  const loadData = useCallback(async () => {
+    if (!userId) return;
+
+    try {
+      setLoading(true);
+      const base = getApiBase();
+      const ts = Date.now();
+
+      const [w, e, c] = await Promise.all([
+        fetch(base + `/api/account/watchlist?_=${ts}`, { credentials: 'include', cache: 'no-store' }),
+        fetch(base + `/api/account/events/following?_=${ts}`, { credentials: 'include', cache: 'no-store' }),
+        fetch(base + `/api/account/events/posts?_=${ts}`, { credentials: 'include', cache: 'no-store' }),
+      ]);
+
+      const jw = await w.json();
+      const je = await e.json();
+      const jc = await c.json();
+
+      if (jw.success) {
+        const watchlistData = Array.isArray(jw.data) ? jw.data : [];
+        setWatchlist(watchlistData);
+
+        // 加载实时行情
+        if (watchlistData.length > 0) {
+          loadRealtimeQuotes();
+        }
+      }
+
+      if (je.success) {
+        setFollowingEvents(Array.isArray(je.data) ? je.data : []);
+      }
+
+      if (jc.success) {
+        setEventComments(Array.isArray(jc.data) ? jc.data : []);
+      }
+    } catch (err) {
+      logger.error('GlobalSidebar', 'loadData', err, {
+        userId,
+        timestamp: new Date().toISOString()
+      });
+    } finally {
+      setLoading(false);
+    }
+  }, [userId, loadRealtimeQuotes]);
+
+  /**
+   * 刷新数据
+   */
+  const refresh = useCallback(async () => {
+    await loadData();
+  }, [loadData]);
+
+  /**
+   * 取消关注股票
+   */
+  const unwatchStock = useCallback(async (stockCode) => {
+    if (!userId) return;
+    try {
+      const base = getApiBase();
+      const response = await fetch(base + '/api/account/watchlist/remove', {
+        method: 'POST',
+        headers: { 'Content-Type': 'application/json' },
+        credentials: 'include',
+        body: JSON.stringify({ stock_code: stockCode }),
+      });
+
+      if (response.ok) {
+        // 本地更新，不用重新请求
+        setWatchlist(prev => prev.filter(s => s.stock_code !== stockCode));
+        setRealtimeQuotes(prev => {
+          const newQuotes = { ...prev };
+          delete newQuotes[stockCode];
+          return newQuotes;
+        });
+      }
+    } catch (error) {
+      logger.error('GlobalSidebar', 'unwatchStock', error, { stockCode, userId });
+    }
+  }, [userId]);
+
+  /**
+   * 取消关注事件
+   */
+  const unfollowEvent = useCallback(async (eventId) => {
+    if (!userId) return;
+    try {
+      const base = getApiBase();
+      const response = await fetch(base + `/api/events/${eventId}/unfollow`, {
+        method: 'POST',
+        credentials: 'include',
+      });
+
+      if (response.ok) {
+        // 本地更新
+        setFollowingEvents(prev => prev.filter(e => e.id !== eventId));
+      }
+    } catch (error) {
+      logger.error('GlobalSidebar', 'unfollowEvent', error, { eventId, userId });
+    }
+  }, [userId]);
+
+  // 用户登录后加载数据
+  useEffect(() => {
+    if (user && !hasLoadedRef.current) {
+      console.log('[GlobalSidebar] 用户登录，加载数据');
+      hasLoadedRef.current = true;
+      loadData();
+    }
+
+    // 用户登出时重置
+    if (!user) {
+      hasLoadedRef.current = false;
+      setWatchlist([]);
+      setRealtimeQuotes({});
+      setFollowingEvents([]);
+      setEventComments([]);
+    }
+  }, [user, loadData]);
+
+  // 页面可见性变化时刷新数据
+  useEffect(() => {
+    const onVisibilityChange = () => {
+      if (document.visibilityState === 'visible' && user) {
+        console.log('[GlobalSidebar] 页面可见，刷新数据');
+        loadData();
+      }
+    };
+
+    document.addEventListener('visibilitychange', onVisibilityChange);
+    return () => document.removeEventListener('visibilitychange', onVisibilityChange);
+  }, [user, loadData]);
+
+  // 定时刷新实时行情（每分钟一次）
+  useEffect(() => {
+    if (watchlist.length > 0) {
+      const interval = setInterval(() => {
+        loadRealtimeQuotes();
+      }, 60000);
+
+      return () => clearInterval(interval);
+    }
+  }, [watchlist.length, loadRealtimeQuotes]);
+
+  const value = {
+    // 状态
+    isOpen,
+    toggle,
+
+    // 数据
+    watchlist,
+    realtimeQuotes,
+    followingEvents,
+    eventComments,
+
+    // 加载状态
+    loading,
+    quotesLoading,
+
+    // 方法
+    refresh,
+    loadRealtimeQuotes,
+    unwatchStock,
+    unfollowEvent,
+  };
+
+  return (
+    <GlobalSidebarContext.Provider value={value}>
+      {children}
+    </GlobalSidebarContext.Provider>
+  );
+};
+
+/**
+ * useGlobalSidebar - 获取全局侧边栏 Context
+ */
+export const useGlobalSidebar = () => {
+  const context = useContext(GlobalSidebarContext);
+  if (!context) {
+    throw new Error('useGlobalSidebar must be used within a GlobalSidebarProvider');
+  }
+  return context;
+};
+
+export default GlobalSidebarContext;