Try it! (version 1.2.0)

took 6.125 msec.

Rendered result

link ref1

HTML source

<p>link <a href="http://example.com/a">ref1</a></p>
<ul>
<li>item 1 <a href="http://example.com/b">ref2</a></li>
<li>item 2</li>
</ul>