Running shr-render-buffer renders the HTML accurately using appropriate faces for different element types and underlines links but clicking on any of the links produces the message:
No link under point.
GNU Emacs 28.2 (build 2, x86_64-w64-mingw32) of 2022-10-11
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Reproduction code plese.
$ emacs -Q -eval "(with-temp-buffer
Here is a <a href=\\\"example.com\\\">link</a>.