Trying to solve the same issue.

To me it seems that epi-cms/asset/hierarchicalList is a base component that needs to be inherited in your own custom widget, which makes the description in CMS-8817 misleading. 

You either need to make a custom component that extends the HierarchicalList and adds, amongst others, the noDataMessage or you can try this quickfix:

• Make you component C# class inherit from EPiServer.Cms.Shell.UI.Components.SharedBlocksComponent
• Set the LanguagePath to override the default resource for Title

    [Component]
    public sealed class MyComponent : SharedBlocksComponent
    {
        public MyComponent()
        {
            Categories = new[] { "content" };
            Title = "My";
            LanguagePath = "/components/my";
            SortOrder = 1000;
            PlugInAreas = new[] { PlugInArea.AssetsDefaultGroup };
            Settings.Add(new Setting("repositoryKey", MyProvider.Key));
        }
    }

Good suggestion, i went for the workaround and used another component instead. I did not get the languagePath thing to work in my context so i used the media component instead.

    [Component]
   public class AssetComponent : ComponentDefinitionBase
    {
      
        public AssetComponent() : base("epi-cms/component/Media")
        {      
            Title = tabName;                   
            Categories = new string[] { "content" };      
            SortOrder = 1000;
            Description = "Displays external assets";
            PlugInAreas = new[] { PlugInArea.AssetsDefaultGroup };
            Settings.Add(new Setting("repositoryKey", AssetProvider.Key));
        }
    }