A MASKED robber armed with an AK-47 assault rifle trained it on a hostage taxi driver and told him: ''Move and you will be the first one to die.'' Terrified taxi driver, Li Yun-ming, was waiting in his hijacked cab while the gunman's two accomplices raided the Tse Sui Luen Jewellery Company shop in Mongkok, an inquest heard yesterday. In dramatic scenes captured on home video and later shown on Hong Kong television, the gunman stood in Nathan Road next to Mr Li's cab firing the Chinese-made rifle at police officers. During the January 6 gun battle, 37-year-old nurse Fung Wai-lin was hit in the head by a round from the AK-47 and killed, the inquest heard. Mr Li told coroner Rodney Venning that he was driving along Portland Street at about 11.30 am when he was hailed by three men. But once inside, a man siting behind the drivers' seat pushed something into the back of his head and ordered him not to turn round. ''I couldn't see what it was, but I was certain it was a pistol,'' he said. The robber then said: ''If you move, I will shoot you dead.'' Mr Li was ordered to drive to Mongkok where the same passenger told him: ''Just look straight . . . be smart and do as you are told.'' Mr Li drove along Nathan Road and as they passed the junction to Shan Tung Street, the trio began to put on their masks. ''One of them was sitting in the front next to me,'' Mr Li said. ''One of the men behind gave him the rifle. It was about two feet long.'' Just past the Tse Sui Luen shop, he was ordered to stop the cab and two of the robbers ran inside. The third man opened all the cab doors and then told Mr Li: ''Move and you will be the first one to die.'' The gunman then began to fire at police. The TVB footage of the event was shown to the inquest jury. Mrs Fung, who worked at a Tai Po convalescence home, was outside a City Chain shop at the junction of Nathan Road and Dundas Street when she was hit. Mr Li said: ''I just sat in my taxi . . . I dared not move. I was just shocked. Then I heard gun shots again and then the others ran out of the shop and they all jumped in and ordered me to drive off.'' He was told to head for the New Territories, but when they reached the Waterloo Road flyover, Mr Li heard sirens. A chain of collisions then occurred between Mr Li's taxi and another two cars as pursuing police officers ambushed the hijacked car. The trio got out of their taxi, there was more gunfire, and then Mr Li fainted, he told the hearing. Coroner Mr Venning was told that during the second gunbattle on Waterloo Road one of the robbers involved in the $3.2 million raid was shot in the chest and died before reaching hospital. He has still to be identified. Constable Ng Kwok-wa said he fired five shots during his encounter with the gunman in the taxi at the flyover. Acting Chief Inspector Paul Renouf said the raiders fled from Mr Li's cab and hijacked a private car. The hijacked car was then driven to Ka Wai Estate at Ma Tau Wai Road where two of the suspects abandoned it, leaving behind their injured accomplice. The other two stopped a third vehicle, again a taxi, and drove to Ma Tau Chung Road where they escaped on foot. They are still at large. The hearing continues.