LWC: Assertion error when testing @wire chain in Jest

I am trying to write Jest test for a component with two @wired calls (both bound to functions), but I get assertion error about property of second @wire call not being annotated with wire annotation.
Error: Assert Violation: @wire on "handlePicklistResult": dot-notation reactive parameter "accountObjectInfo.defaultRecordTypeId" must refer to a @wire property

Any suggestions?

Here is sample code that I am trying to test:

import { LightningElement, wire, track } from 'lwc';
import { getPicklistValues, getObjectInfo } from 'lightning/uiObjectInfoApi';
import TYPE_FIELD from '@salesforce/schema/Account.Type';
import ACCOUNT_OBJECT from '@salesforce/schema/Account';


export default class Democomponent extends LightningElement {
    @track accountObjectInfo;
    @track error;
    @track picklistValues;

    @wire(getObjectInfo, { objectApiName: ACCOUNT_OBJECT })
    handleResult({error, data}) {
        if(data) {
            this.accountObjectInfo = data;
        } else {
            this.error = error;
        }
    }

    @wire(getPicklistValues, {recordTypeId: "$accountObjectInfo.defaultRecordTypeId", fieldApiName: TYPE_FIELD})
    handlePicklistResult({error, data}) {
        if(data) {
            this.picklistValues = data.values;
        } else {
            this.error = error;
        }
    }

}

Simple test I want to perform:

import {registerLdsTestWireAdapter} from '@salesforce/sfdx-lwc-jest';
import {createElement} from 'lwc';
import {getObjectInfo, getPicklistValues} from 'lightning/uiObjectInfoApi';
import TestPage from 'c/testPage';

const mockGetObjectInfo = require('./data/getObjectInfo.json');
const mockGetPicklistValues = require('./data/getPicklistValues.json');

const getObjectInfoAdapter = registerLdsTestWireAdapter(getObjectInfo);
const getPicklistValuesAdapter = registerLdsTestWireAdapter(getPicklistValues);

describe('c-test-page', () => {

    it('Should display test page', () => {
        const element = createElement('c-test-page', {
            is: TestPage
        });

        document.body.appendChild(element);

        getObjectInfoAdapter.emit(mockGetObjectInfo);
        getPicklistValuesAdapter.emit(mockGetPicklistValues);

        const picklistItems = element.shadowRoot.querySelectorAll('div.picklistItem');

        expect(picklistItems.length).toEqual(5);
    });
});

describe("c-test-page", () => {
  it("Should display test page", () => {
    const element = createElement("c-test-page", {
      is: TestPage
    });
    document.body.appendChild(element);

    getPicklistValuesAdapter.emit(mockGetPicklistValues);

    // Return a promise to wait for any asynchronous DOM updates. Jest
    // will automatically wait for the Promise chain to complete before
    // ending the test and fail the test if the promise rejects.
    return Promise.resolve().then(() => {
      const picklistItems = element.shadowRoot.querySelectorAll(
        ".picklistItem"
      );
      expect(picklistItems.length).toBe(mockGetPicklistValues.values.length);
    });
  });
});