How about the next code (based on this link) :
public class TextViewHtmlTagHandler implements TagHandler
  {
  /**
   * Keeps track of lists (ol, ul). On bottom of Stack is the outermost list
   * and on top of Stack is the most nested list
   */
  Stack<String>                   lists          =new Stack<String>();
  /**
   * Tracks indexes of ordered lists so that after a nested list ends
   * we can continue with correct index of outer list
   */
  Stack<Integer>                  olNextIndex    =new Stack<Integer>();
  /**
   * List indentation in pixels. Nested lists use multiple of this.
   */
  private static final int        indent         =10;
  private static final int        listItemIndent =indent*2;
  private static final BulletSpan bullet         =new BulletSpan(indent);
  @Override
  public void handleTag(final boolean opening,final String tag,final Editable output,final XMLReader xmlReader)
    {
    if(tag.equalsIgnoreCase("ul"))
      {
      if(opening)
        lists.push(tag);
      else lists.pop();
      }
    else if(tag.equalsIgnoreCase("ol"))
      {
      if(opening)
        {
        lists.push(tag);
        olNextIndex.push(Integer.valueOf(1)).toString();// TODO: add support for lists starting other index than 1
        }
      else
        {
        lists.pop();
        olNextIndex.pop().toString();
        }
      }
    else if(tag.equalsIgnoreCase("li"))
      {
      if(opening)
        {
        if(output.length()>0&&output.charAt(output.length()-1)!='\n')
          output.append("\n");
        final String parentList=lists.peek();
        if(parentList.equalsIgnoreCase("ol"))
          {
          start(output,new Ol());
          output.append(olNextIndex.peek().toString()+". ");
          olNextIndex.push(Integer.valueOf(olNextIndex.pop().intValue()+1));
          }
        else if(parentList.equalsIgnoreCase("ul"))
          start(output,new Ul());
        }
      else if(lists.peek().equalsIgnoreCase("ul"))
        {
        if(output.charAt(output.length()-1)!='\n')
          output.append("\n");
        // Nested BulletSpans increases distance between bullet and text, so we must prevent it.
        int bulletMargin=indent;
        if(lists.size()>1)
          {
          bulletMargin=indent-bullet.getLeadingMargin(true);
          if(lists.size()>2)
            // This get's more complicated when we add a LeadingMarginSpan into the same line:
            // we have also counter it's effect to BulletSpan
            bulletMargin-=(lists.size()-2)*listItemIndent;
          }
        final BulletSpan newBullet=new BulletSpan(bulletMargin);
        end(output,Ul.class,new LeadingMarginSpan.Standard(listItemIndent*(lists.size()-1)),newBullet);
        }
      else if(lists.peek().equalsIgnoreCase("ol"))
        {
        if(output.charAt(output.length()-1)!='\n')
          output.append("\n");
        int numberMargin=listItemIndent*(lists.size()-1);
        if(lists.size()>2)
          // Same as in ordered lists: counter the effect of nested Spans
          numberMargin-=(lists.size()-2)*listItemIndent;
        end(output,Ol.class,new LeadingMarginSpan.Standard(numberMargin));
        }
      }
    else if(opening)
      Log.d("TagHandler","Found an unsupported tag "+tag);
    }
  private static void start(final Editable text,final Object mark)
    {
    final int len=text.length();
    text.setSpan(mark,len,len,Spanned.SPAN_MARK_MARK);
    }
  private static void end(final Editable text,final Class<?> kind,final Object... replaces)
    {
    final int len=text.length();
    final Object obj=getLast(text,kind);
    final int where=text.getSpanStart(obj);
    text.removeSpan(obj);
    if(where!=len)
      for(final Object replace : replaces)
        text.setSpan(replace,where,len,Spanned.SPAN_EXCLUSIVE_EXCLUSIVE);
    return;
    }
  private static Object getLast(final Spanned text,final Class<?> kind)
    {
    /*
     * This knows that the last returned object from getSpans()
     * will be the most recently added.
     */
    final Object[] objs=text.getSpans(0,text.length(),kind);
    if(objs.length==0)
      return null;
    return objs[objs.length-1];
    }
  private static class Ul
    {
    }
  private static class Ol
    {
    }
  }