Student engagement is a critical factor influencing academic success and learning outcomes. Accurately predicting student engagement is essential for optimizing teaching strategies and providing personalized interventions. However, most approaches focus on single-dimensional feature analysis and assessing engagement based on individual student factors. In this work, we propose a dual-stream multi-feature fusion model based on hypergraph convolutional networks (DS-HGCN), incorporating social contagion of student engagement. DS-HGCN enables accurate prediction of student engagement states by modeling multi-dimensional features and their propagation mechanisms between students. The framework constructs a hypergraph structure to encode engagement contagion among students and captures the emotional and behavioral differences and commonalities by multi-frequency signals. Furthermore, we introduce a hypergraph attention mechanism to dynamically weigh the influence of each student, accounting for individual differences in the propagation process. Extensive experiments on a public benchmark dataset demonstrate that our proposed method achieves superior performance and significantly outperforms existing state-of-the-art approaches.