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In this paper, a high speed rotor-bearing system with stochastic excitation is considered, and study the stability and Hopf bifurcation of the system by using quasi-nonintegrable Hamiltonian system theory. Then, the conditions of local and global stability of system are obtained by largest Lyapunov exponent and boundary category. Finally, the solution of FPK equation can be got, which is stationary probability density function and jointly stationary probability density function, and then, by simulating its graph to illustrate the results.