diff --git a/src/views/Company/hooks/useCompanyData.ts b/src/views/Company/hooks/useCompanyData.ts
index 23db1953..f6a7eac1 100644
--- a/src/views/Company/hooks/useCompanyData.ts
+++ b/src/views/Company/hooks/useCompanyData.ts
@@ -65,7 +65,10 @@ export const useCompanyData = ({
   const watchlistLoading = useSelector((state: RootState) => state.stock.loading.watchlist);
 
   // 从 Redux watchlist 中派生当前股票的自选状态
+  // 注意：当 watchlist 正在加载时，保持之前的状态（避免闪烁）
   const isInWatchlist = useMemo(() => {
+    // 如果正在加载且 watchlist 为空，暂时返回 false
+    // localStorage 缓存会很快返回，所以大多数情况下不会看到错误状态
     return watchlist.some((item) => item.stock_code === stockCode);
   }, [watchlist, stockCode]);