If you value a bigger screen over resolution, then sure -- it has a bigger screen. As to HDR, given the very large difference in brightness, I suspect the Apple Studio Display will come closer to presenting something that looks like HDR than this display will, but of course we'll see. And I doubt the build quality of this will come even close to Apple's.
Don't get me wrong -- this has its advantages, and the pricing is good. If the reviews are good, I may buy one myself. But your comparison doesn't mention several of things that the Studio Display does better, and those will matter to many people.