Unfortunately, no, it won’t.
It can do some non-hdr hevc/x265, but It won’t do hdr at all on the gpu.
If 4k and/or HDR is your eventual goal, then you may want to start familiarizing yourself with info @ Plex, 4k, transcoding, and you and Intel Quick Sync Video - Wikipedia
you will need the 7th gen cpu (kaby/coffee/cometlake 6th gen igpu/600 series) for hdr/10bit x265.
