To day, I installed macOS Big Sur Beta 11.2. Bad news. The behavior is still the same and the shares are not listed. I can't believe that Apple is not willing to fix this major bug.
It's just probably low on their list of things to fix. I'm not sure this problem is widespread otherwise there would be a lot of screaming; it seems that this is heavily used functionality that would be sorely missed.
Maybe people are happy to just work around the problem because they don't have many different share names. If I had the problem, and considering I use only a handful of share names on two servers, I would just save a bunch of "Favorite Server" entries in the connect dialog - one for each share. I understand that would be aggravating, inconvenient, and maybe even impossible when you have many more shares than I to deal with.