If your text contains hyperlinks that need to be adapted in the translated file, this is how you need to proceed:
Step 1: Place the corresponding tag containing your hyperlink in the target column.
Step 2: Expand the tags by going to Edit, clicking on Tags and select Expand Tags.
Step 3: Click on the tag that you want to edit and an editing window will pop-up (Note: in the Desktop Editor, you need to press F2 to edit tags).
Here is a short video explaining the process: