how to read XHtml file and store content of the file in string variable in Win-8 Metro App using HTML/JavaScript
or
How to parse an XHtml file in Mtero app using HTML/JavaScript.
I am not aware of any ready-to-use HTML5 parsers but I believe this should be a good starting point -
http://blogs.msdn.com/b/davrous/archive/2012/08/21/windows-8-html5-metro-style-app-how-to-create-a-small-rss-reader-in-30min-part-1-2.aspx
Are you looing for anything specific to Windows 8.1 Preview Development around this?
Thanks,
Sagar