Automatically search and replace link in content (pages/posts)?

There is somewhat similar answer in the below mentioned link:

Removing any and all inline styles from the_content()

where some inline style are being removed with the help of preg_replace and wordpress hooks (wp_insert_post_data & the_content).

Similarly any part of the content can be modified with the as the same done in this (Removing any and all inline styles from the_content()) case.

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