Yes, it works fine except , now it takes two more clicks to open the hyperlink. I found another way to identify and correct the dysfunctional hyperlinks.
1) Open the same note in EN Legacy Version (6.25)
2) By hovering the mouse, check if the hyperlink is correctly formatted. The older EN had the ability to "Auto-Correct", lacking in new EN, the source of problems with hyperlinks.
3) The correct format should be "file:///drive:/file path..../file.extension". For example "file:///c:/user/documents/xyz.pdf"
4) if not, right click the hyperlink and select the EDIT option to reformat the hyperlink.
5) Next, sync the note in EN legacy version. Wait for the changes to sync and appear in the new EN . The changed hyper link should be fine now.
A tedious process if you have hundreds of hyperlinks.